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Forex Trend Analysis Report

Prepared for you on Thursday, December 13, 2018.

Czech Koruna/Mexican Peso (FOREX:CZKMXN)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.

Open High Low CZKMXN Price Change
0.883990 0.894805 0.883145 0.893165 +0.009175
Entry Signal

MarketClub’s Trade Triangles for CZKMXN

long term up The long term trend has been UP since Nov 13th, 2018 at 0.89317

intermediate term up The intermediate term trend has been UP since Oct 21st, 2018 at 0.85974

short term down The short term trend has been DOWN since Dec 7th, 2018 at 0.88913

Smart Scan Analysis for CZKMXN

Based on a pre-defined weighted trend formula for chart analysis, CZKMXN scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for CZKMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.883990 0.894805 0.883145 0.893165 +0.009175
Prev. Close Volume Bid Ask Time
0.883990 0.892410 0.893920 2018-12-13 16:14:40
Want to analyze Czech Koruna/Mexican Peso CZKMXN or another symbol? Try our Free Forex Trend Analysis Report.