Forex Trend Analysis Report
Prepared for you on Thursday, December 13, 2018.
Czech Koruna/Swiss Franc (FOREX:CZKCHF)
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 CZKCHF
The long term trend has been DOWN since May 23rd, 2018 at 0.045100
The intermediate term trend has been DOWN since Nov 9th, 2018 at 0.043890
The short term trend has been UP since Dec 13th, 2018 at 0.043728
Smart Scan Analysis for CZKCHF
Based on a pre-defined weighted trend formula for chart analysis, CZKCHF scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).