Forex Trend Analysis Report
Prepared for you on Saturday, August 18, 2018.
Czech Koruna/Japanese Yen (FOREX:CZKJPY)
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 CZKJPY
The long term trend has been DOWN since Feb 28th, 2018 at 5.13540
The intermediate term trend has been DOWN since Aug 5th, 2018 at 5.01725
The short term trend has been DOWN since Aug 9th, 2018 at 5.00800
Smart Scan Analysis for CZKJPY
Based on a pre-defined weighted trend formula for chart analysis, CZKJPY scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).