Forex Trend Analysis Report
Prepared for you on Saturday, January 19, 2019.
United Arab Emirates Dirham/Czech Koruna (FOREX:AEDCZK)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for AEDCZK
The long term trend has been DOWN since Jan 9th, 2019 at 6.03485
The intermediate term trend has been DOWN since Dec 7th, 2018 at 6.17900
The short term trend has been UP since Jan 14th, 2019 at 6.07760
Smart Scan Analysis for AEDCZK
Based on a pre-defined weighted trend formula for chart analysis, AEDCZK scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).