Forex Trend Analysis Report
Prepared for you on Wednesday, March 21, 2018.
Czech Koruna/Swedish Krona (FOREX:CZKSEK)
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 CZKSEK
The long term trend has been UP since Apr 6th, 2017 at 0.356285
The intermediate term trend has been UP since Jan 16th, 2018 at 0.387745
The short term trend has been DOWN since Mar 9th, 2018 at 0.400135
Smart Scan Analysis for CZKSEK
Based on a pre-defined weighted trend formula for chart analysis, CZKSEK scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).