Forex Trend Analysis Report
Prepared for you on Thursday, August 16, 2018.
Czech Koruna/Euro (FOREX:CZKEUR)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 CZKEUR
The long term trend has been DOWN since May 1st, 2018 at 0.039045
The intermediate term trend has been UP since Jul 23rd, 2018 at 0.038728
The short term trend has been DOWN since Aug 10th, 2018 at 0.038980
Smart Scan Analysis for CZKEUR
Based on a pre-defined weighted trend formula for chart analysis, CZKEUR scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).