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Forex Trend Analysis Report

Prepared for you on Monday, October 22, 2018.

US Dollar/Czech Koruna (FOREX:USDCZK)

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_USDCZK
Open High Low USDCZK Price Change
22.475 22.479 22.414 22.416 -0.059
Entry Signal

MarketClub’s Trade Triangles for USDCZK

long term down The long term trend has been DOWN since Sep 21st, 2018 at 21.6446

intermediate term up The intermediate term trend has been UP since Oct 1st, 2018 at 22.2837

short term down The short term trend has been DOWN since Oct 22nd, 2018 at 22.4230

Smart Scan Analysis for USDCZK

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

-55
Smart Scan Analysis for USDCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.475 22.479 22.414 22.416 -0.059
Prev. Close Volume Bid Ask Time
22.475 22.401 22.431 2018-10-22 03:48:22
Want to analyze US Dollar/Czech Koruna USDCZK or another symbol? Try our Free Forex Trend Analysis Report.