Forex Trend Analysis Report
Prepared for you on Tuesday, January 22, 2019.
Czech Koruna/Norwegian Krone (FOREX:CZKNOK)
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 CZKNOK
The long term trend has been UP since Aug 28th, 2018 at 0.380225
The intermediate term trend has been DOWN since Jan 16th, 2019 at 0.380165
The short term trend has been UP since Jan 22nd, 2019 at 0.381050
Smart Scan Analysis for CZKNOK
Based on a pre-defined weighted trend formula for chart analysis, CZKNOK scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).