Forex Trend Analysis Report
Prepared for you on Friday, June 22, 2018.
New Zealand Dollar/Czech Koruna (FOREX:NZDCZK)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.
MarketClub’s Trade Triangles for NZDCZK
The long term trend has been UP since May 22nd, 2018 at 15.1831
The intermediate term trend has been UP since May 18th, 2018 at 15.0855
The short term trend has been DOWN since Jun 19th, 2018 at 15.3465
Smart Scan Analysis for NZDCZK
Based on a pre-defined weighted trend formula for chart analysis, NZDCZK scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).