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Forex Trend Analysis Report

Prepared for you on Tuesday, January 15, 2019.

British Pound/Czech Koruna (FOREX:GBPCZK)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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_GBPCZK
Open High Low GBPCZK Price Change
28.70235 28.84555 28.47715 28.81740 +0.11505
Entry Signal

MarketClub’s Trade Triangles for GBPCZK

long term down The long term trend has been DOWN since Jan 2nd, 2019 at 28.46715

intermediate term down The intermediate term trend has been DOWN since Nov 29th, 2018 at 29.12185

short term up The short term trend has been UP since Jan 13th, 2019 at 28.65110

Smart Scan Analysis for GBPCZK

Based on a pre-defined weighted trend formula for chart analysis, GBPCZK scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for GBPCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28.70235 28.84555 28.47715 28.81740 +0.11505
Prev. Close Volume Bid Ask Time
28.70235 28.79430 28.84050 2019-01-15 18:53:56
Want to analyze British Pound/Czech Koruna GBPCZK or another symbol? Try our Free Forex Trend Analysis Report.