Forex Trend Analysis Report
Prepared for you on Sunday, April 30, 2017.
Czech Koruna/Icelandic Krona (FOREX:CZKISK)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 CZKISK
The long term trend has been DOWN since Feb 15th, 2017 at 4.37305
The intermediate term trend has been DOWN since Apr 19th, 2017 at 4.40315
The short term trend has been DOWN since Apr 25th, 2017 at 4.33255
Smart Scan Analysis for CZKISK
Based on a pre-defined weighted trend formula for chart analysis, CZKISK scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).