Forex Trend Analysis Report
Prepared for you on Thursday, July 19, 2018.
British Pound/Czech Koruna (FOREX:GBPCZK)
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 GBPCZK
The long term trend has been UP since Apr 12th, 2018 at 29.2257
The intermediate term trend has been DOWN since Jul 9th, 2018 at 29.1551
The short term trend has been DOWN since Jul 16th, 2018 at 29.2405
Smart Scan Analysis for GBPCZK
Based on a pre-defined weighted trend formula for chart analysis, GBPCZK scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).