Forex Trend Analysis Report
Prepared for you on Friday, September 22, 2017.
Euro/Czech Koruna (FOREX:EURCZK)
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 EURCZK
The long term trend has been DOWN since Apr 6th, 2017 at 26.97860
The intermediate term trend has been UP since Aug 9th, 2017 at 26.17000
The short term trend has been DOWN since Sep 21st, 2017 at 26.07785
Smart Scan Analysis for EURCZK
Based on a pre-defined weighted trend formula for chart analysis, EURCZK scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).