Forex Trend Analysis Report
Prepared for you on Wednesday, December 12, 2018.
Czech Koruna/Swedish Krona (FOREX:CZKSEK)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 UP since Dec 7th, 2018 at 0.398640
The short term trend has been DOWN since Dec 12th, 2018 at 0.397525
Smart Scan Analysis for CZKSEK
Based on a pre-defined weighted trend formula for chart analysis, CZKSEK scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).