Forex Trend Analysis Report
Prepared for you on Monday, July 16, 2018.
Czech Koruna/Icelandic Krona (FOREX:CZKISK)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 CZKISK
The long term trend has been UP since Jun 18th, 2018 at 4.89680
The intermediate term trend has been DOWN since Jun 29th, 2018 at 4.73965
The short term trend has been DOWN since Jul 13th, 2018 at 4.82645
Smart Scan Analysis for CZKISK
Based on a pre-defined weighted trend formula for chart analysis, CZKISK scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).