Forex Trend Analysis Report
Prepared for you on Sunday, December 9, 2018.
Czech Koruna/Canadian Dollar (FOREX:CZKCAD)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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.
MarketClub’s Trade Triangles for CZKCAD
The long term trend has been DOWN since May 1st, 2018 at 0.060385
The intermediate term trend has been UP since Nov 21st, 2018 at 0.058182
The short term trend has been UP since Dec 5th, 2018 at 0.058056
Smart Scan Analysis for CZKCAD
Based on a pre-defined weighted trend formula for chart analysis, CZKCAD scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).