Forex Trend Analysis Report
Prepared for you on Saturday, January 19, 2019.
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 Jan 3rd, 2019 at 0.290534
The intermediate term trend has been UP since Dec 6th, 2018 at 0.288405
The short term trend has been DOWN since Jan 18th, 2019 at 0.291712
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).