Forex Trend Analysis Report
Prepared for you on Tuesday, May 11, 2021.
US Dollar/Czech Koruna (FOREX:USDCZK)
Weak Downtrend (-65) - USDCZK is showing signs of a strengthening downtrend. Monitor USDCZK as it may be building momentum to the downside.
Is it time to buy, sell, or avoid USDCZK?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDCZK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDCZK
The long-term trend has been UP since Mar 4th, 2021 at 21.97400
The intermediate-term trend has been DOWN since Apr 7th, 2021 at 21.72995
The short-term trend has been DOWN since Apr 13th, 2021 at 21.68555
Smart Scan Analysis for USDCZK
Based on our trend formula, USDCZK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).