| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Buy |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Sell | Sell |
| SAR(0.02;0.2) | Buy | Sell | Sell |
| Aggregate | ⇗ | ⇘ | ⇘ |
The Euro has been depreciating against the Czech Koruna since the end of January within the falling wedge pattern.
From a theoretical point of view, it is likely that the EUR/CZK currency pair could continue to trade downwards within the given pattern until the end of February. Then, a breakout north could occur.
On the other hand, the exchange rate could continue to decline in the medium term. In this case a possible downside target is the psychological level at 24.60.