Forex Trend Analysis Report
Prepared for you on Wednesday, March 21, 2018.
Czech Koruna/Danish Krone (FOREX:CZKDKK)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 0.27605
The intermediate term trend has been DOWN since Feb 27th, 2018 at 0.29302
The short term trend has been UP since Mar 14th, 2018 at 0.29285
Smart Scan Analysis for CZKDKK
Based on a pre-defined weighted trend formula for chart analysis, CZKDKK scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).