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Forex Trend Analysis Report

Prepared for you on Wednesday, December 12, 2018.

Euro/Czech Koruna (FOREX:EURCZK)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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.

FOREX_EURCZK
Open High Low EURCZK Price Change
25.86040 25.88430 25.84005 25.85105 -0.00935
Entry Signal

MarketClub’s Trade Triangles for EURCZK

long term up The long term trend has been UP since Nov 9th, 2018 at 25.95000

intermediate term down The intermediate term trend has been DOWN since Dec 6th, 2018 at 25.86800

short term down The short term trend has been DOWN since Dec 3rd, 2018 at 25.92675

Smart Scan Analysis for EURCZK

Based on a pre-defined weighted trend formula for chart analysis, EURCZK scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for EURCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
25.86040 25.88430 25.84005 25.85105 -0.00935
Prev. Close Volume Bid Ask Time
25.86040 25.83240 25.86970 2018-12-12 17:56:17
Want to analyze Euro/Czech Koruna EURCZK or another symbol? Try our Free Forex Trend Analysis Report.