Forex Trend Analysis Report
Prepared for you on Friday, February 23, 2018.
Czech Koruna/Japanese Yen (FOREX:CZKJPY)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 CZKJPY
The long term trend has been UP since May 1st, 2017 at 4.54720
The intermediate term trend has been DOWN since Feb 8th, 2018 at 5.29000
The short term trend has been DOWN since Feb 21st, 2018 at 5.19819
Smart Scan Analysis for CZKJPY
Based on a pre-defined weighted trend formula for chart analysis, CZKJPY scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).