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Forex Trend Analysis Report

Prepared for you on Thursday, November 15, 2018.

Swiss Franc/Czech Koruna (FOREX:CHFCZK)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.

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.

FOREX_CHFCZK
Open High Low CHFCZK Price Change
22.8271 22.9010 22.7619 22.8051 -0.0220
Entry Signal

MarketClub’s Trade Triangles for CHFCZK

long term up The long term trend has been UP since May 23rd, 2018 at 22.1701

intermediate term up The intermediate term trend has been UP since Nov 9th, 2018 at 22.7818

short term down The short term trend has been DOWN since Nov 15th, 2018 at 22.7652

Smart Scan Analysis for CHFCZK

Based on a pre-defined weighted trend formula for chart analysis, CHFCZK scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for CHFCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.8271 22.9010 22.7619 22.8051 -0.0220
Prev. Close Volume Bid Ask Time
22.8271 22.7885 22.8217 2018-11-15 22:05:34
Want to analyze Swiss Franc/Czech Koruna CHFCZK or another symbol? Try our Free Forex Trend Analysis Report.