Forex Trend Analysis Report
Prepared for you on Sunday, August 19, 2018.
Euro/Czech Koruna (FOREX:EURCZK)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 EURCZK
The long term trend has been UP since May 1st, 2018 at 25.60640
The intermediate term trend has been DOWN since Jul 23rd, 2018 at 25.80900
The short term trend has been UP since Aug 10th, 2018 at 25.65255
Smart Scan Analysis for EURCZK
Based on a pre-defined weighted trend formula for chart analysis, EURCZK scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).