Forex Trend Analysis Report
Prepared for you on Wednesday, July 18, 2018.
Czech Koruna/Singapore Dollar (FOREX:CZKSGD)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 CZKSGD
The long term trend has been DOWN since May 1st, 2018 at 0.06252
The intermediate term trend has been UP since Jun 25th, 2018 at 0.06148
The short term trend has been UP since Jul 15th, 2018 at 0.06167
Smart Scan Analysis for CZKSGD
Based on a pre-defined weighted trend formula for chart analysis, CZKSGD scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).