Forex Trend Analysis Report
Prepared for you on Saturday, January 25, 2020.
Czech Koruna/Swedish Krona (FOREX:CZKSEK)
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.
MarketClub’s Trade Triangles for CZKSEK
The long term trend has been DOWN since Dec 12th, 2019 at 0.40976500
The intermediate term trend has been UP since Jan 3rd, 2020 at 0.41449962
The short term trend has been DOWN since Jan 22nd, 2020 at 0.41908500
Smart Scan Analysis for CZKSEK
Based on a pre-defined weighted trend formula for chart analysis, CZKSEK scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).