Forex Trend Analysis Report
Prepared for you on Friday, October 20, 2017.
Czech Koruna/Icelandic Krona (FOREX:CZKISK)
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 CZKISK
The long term trend has been UP since Jun 27th, 2017 at 4.51485
The intermediate term trend has been DOWN since Oct 5th, 2017 at 4.77965
The short term trend has been UP since Oct 12th, 2017 at 4.81395
Smart Scan Analysis for CZKISK
Based on a pre-defined weighted trend formula for chart analysis, CZKISK scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).