Forex Trend Analysis Report
Prepared for you on Wednesday, August 15, 2018.
Czech Koruna/New Zealand Dollar (FOREX:CZKNZD)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight 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.
MarketClub’s Trade Triangles for CZKNZD
The long term trend has been UP since Aug 8th, 2018 at 0.067810
The intermediate term trend has been UP since Jun 25th, 2018 at 0.065580
The short term trend has been DOWN since Aug 13th, 2018 at 0.067195
Smart Scan Analysis for CZKNZD
Based on a pre-defined weighted trend formula for chart analysis, CZKNZD scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).