Forex Trend Analysis Report
Prepared for you on Saturday, June 23, 2018.
Czech Koruna/Swedish Krona (FOREX:CZKSEK)
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 CZKSEK
The long term trend has been DOWN since Jun 13th, 2018 at 0.393915
The intermediate term trend has been DOWN since May 9th, 2018 at 0.407545
The short term trend has been DOWN since Jun 21st, 2018 at 0.396440
Smart Scan Analysis for CZKSEK
Based on a pre-defined weighted trend formula for chart analysis, CZKSEK scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).