Forex Trend Analysis Report
Prepared for you on Friday, September 22, 2017.
Czech Koruna/New Zealand Dollar (FOREX:CZKNZD)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 Mar 3rd, 2017 at 0.05541
The intermediate term trend has been DOWN since Sep 17th, 2017 at 0.06258
The short term trend has been DOWN since Sep 12th, 2017 at 0.06302
Smart Scan Analysis for CZKNZD
Based on a pre-defined weighted trend formula for chart analysis, CZKNZD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).