Forex Trend Analysis Report
Prepared for you on Monday, February 19, 2018.
Czech Koruna/British Pound (FOREX:CZKGBP)
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 CZKGBP
The long term trend has been UP since May 16th, 2017 at 0.032510
The intermediate term trend has been UP since Feb 5th, 2018 at 0.035015
The short term trend has been DOWN since Feb 16th, 2018 at 0.034895
Smart Scan Analysis for CZKGBP
Based on a pre-defined weighted trend formula for chart analysis, CZKGBP scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).