Forex Trend Analysis Report
Prepared for you on Thursday, February 22, 2018.
Czech Koruna/Hong Kong Dollar (FOREX:CZKHKD)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 CZKHKD
The long term trend has been UP since Mar 22nd, 2017 at 0.310915
The intermediate term trend has been UP since Dec 28th, 2017 at 0.363235
The short term trend has been DOWN since Feb 19th, 2018 at 0.382610
Smart Scan Analysis for CZKHKD
Based on a pre-defined weighted trend formula for chart analysis, CZKHKD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).