Forex Trend Analysis Report
Prepared for you on Friday, May 26, 2017.
Czech Koruna/Polish New Zloty (FOREX:CZKPLN)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 CZKPLN
The long term trend has been DOWN since Feb 3rd, 2017 at 0.158935
The intermediate term trend has been DOWN since May 2nd, 2017 at 0.156045
The short term trend has been DOWN since May 24th, 2017 at 0.157925
Smart Scan Analysis for CZKPLN
Based on a pre-defined weighted trend formula for chart analysis, CZKPLN scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).