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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.

FOREX_CZKDKK
Open High Low CZKDKK Price Change
0.285220 0.285490 0.284625 0.285470 +0.000250
Entry Signal

MarketClub’s Trade Triangles for CZKDKK

long term up The long term trend has been UP since Apr 6th, 2017 at 0.276050

intermediate term down The intermediate term trend has been DOWN since Aug 9th, 2017 at 0.284185

short term up 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).

+75
Smart Scan Analysis for CZKDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.285220 0.285490 0.284625 0.285470 +0.000250
Prev. Close Volume Bid Ask Time
0.285220 0.285300 0.285640 2017-08-18 23:33:07
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