Forex Trend Analysis Report
Prepared for you on Saturday, April 21, 2018.
Czech Koruna/Polish New Zloty (FOREX:CZKPLN)
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 CZKPLN
The long term trend has been UP since Mar 15th, 2018 at 0.165875
The intermediate term trend has been DOWN since Apr 12th, 2018 at 0.165045
The short term trend has been DOWN since Apr 11th, 2018 at 0.165250
Smart Scan Analysis for CZKPLN
Based on a pre-defined weighted trend formula for chart analysis, CZKPLN scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).