| 4H | 1D | 1W | |
|---|---|---|---|
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Buy | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇘ | ⇘ |
Since the beginning of November, the EUR/CZK exchange rate has been trading downwards within a descending channel.
From a theoretical point of view, it is likely that the currency pair could continue to move within the predetermined channel in the medium term.
In the meantime, note that the exchange rate is pressured by the 55-, 100– and 200-period moving averages in the 26.40 area. Thus, a breakout south could occur, and the rate could decline below 26.00.