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Forex Trend Analysis Report

Prepared for you on Monday, January 13, 2025.

British Pound/Czech Koruna (FOREX:GBPCZK)

Long-Term Downtrend (-90) - GBPCZK is in a strong downtrend that is likely to continue. While GBPCZK is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid GBPCZK?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPCZK.

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FOREX_GBPCZK
Open High Low GBPCZK Price Change
29.79685 29.92860 29.78055 29.90460 +0.10775
Entry Signal

MarketClub’s Trade Triangles for GBPCZK

long term down The long-term trend has been DOWN since Jan 9th, 2025 at 29.95770

intermediate term down The intermediate-term trend has been DOWN since Jan 9th, 2025 at 30.04745

short term down The short-term trend has been DOWN since Jan 8th, 2025 at 30.22980

Smart Scan Analysis for GBPCZK

Based on our trend formula, GBPCZK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for GBPCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.79685 29.92860 29.78055 29.90460 +0.10775
Prev. Close Volume Bid Ask Time
29.79685 2025-01-13 05:21:01
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