Forex Trend Analysis Report
Prepared for you on Tuesday, October 23, 2018.
Czech Koruna/British Pound (FOREX:CZKGBP)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 CZKGBP
The long term trend has been DOWN since Oct 10th, 2018 at 0.033755
The intermediate term trend has been DOWN since Sep 10th, 2018 at 0.034687
The short term trend has been UP since Oct 12th, 2018 at 0.034065
Smart Scan Analysis for CZKGBP
Based on a pre-defined weighted trend formula for chart analysis, CZKGBP scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).