Forex Trend Analysis Report
Prepared for you on Friday, September 22, 2017.
Canadian Dollar/Czech Koruna (FOREX:CADCZK)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 CADCZK
The long term trend has been UP since Sep 11th, 2017 at 18.0140
The intermediate term trend has been UP since Sep 1st, 2017 at 17.7115
The short term trend has been DOWN since Sep 15th, 2017 at 17.8915
Smart Scan Analysis for CADCZK
Based on a pre-defined weighted trend formula for chart analysis, CADCZK scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).