Forex Trend Analysis Report
Prepared for you on Tuesday, August 21, 2018.
Czech Koruna/Swiss Franc (FOREX:CZKCHF)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 CZKCHF
The long term trend has been DOWN since May 23rd, 2018 at 0.045100
The intermediate term trend has been DOWN since Aug 5th, 2018 at 0.044800
The short term trend has been UP since Aug 17th, 2018 at 0.044202
Smart Scan Analysis for CZKCHF
Based on a pre-defined weighted trend formula for chart analysis, CZKCHF scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).