Forex Trend Analysis Report
Prepared for you on Friday, November 24, 2017.
Czech Koruna/Mexican Peso (FOREX:CZKMXN)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 CZKMXN
The long term trend has been UP since Jun 5th, 2017 at 0.80459
The intermediate term trend has been UP since Aug 28th, 2017 at 0.81240
The short term trend has been DOWN since Nov 17th, 2017 at 0.87189
Smart Scan Analysis for CZKMXN
Based on a pre-defined weighted trend formula for chart analysis, CZKMXN scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).