Forex Trend Analysis Report
Prepared for you on Friday, August 18, 2017.
Czech Koruna/Danish Krone (FOREX:CZKDKK)
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 CZKDKK
The long term trend has been UP since Apr 6th, 2017 at 0.276050
The intermediate term trend has been DOWN since Aug 9th, 2017 at 0.284185
The short term trend has been UP since Aug 14th, 2017 at 0.284610
Smart Scan Analysis for CZKDKK
Based on a pre-defined weighted trend formula for chart analysis, CZKDKK scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).