Forex Trend Analysis Report
Prepared for you on Monday, December 11, 2017.
Czech Koruna/Hong Kong Dollar (FOREX:CZKHKD)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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 CZKHKD
The long term trend has been UP since Mar 22nd, 2017 at 0.310915
The intermediate term trend has been UP since Nov 15th, 2017 at 0.360940
The short term trend has been DOWN since Nov 28th, 2017 at 0.363445
Smart Scan Analysis for CZKHKD
Based on a pre-defined weighted trend formula for chart analysis, CZKHKD scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).