Forex Trend Analysis Report
Prepared for you on Wednesday, October 18, 2017.
Czech Koruna/Danish Krone (FOREX:CZKDKK)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 CZKDKK
The long term trend has been UP since Apr 6th, 2017 at 0.27605
The intermediate term trend has been UP since Aug 30th, 2017 at 0.28589
The short term trend has been UP since Oct 12th, 2017 at 0.28779
Smart Scan Analysis for CZKDKK
Based on a pre-defined weighted trend formula for chart analysis, CZKDKK scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).