Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2019.
United Arab Emirates Dirham/Czech Koruna (FOREX:AEDCZK)
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 AEDCZK
The long term trend has been DOWN since Jan 9th, 2019 at 6.03485
The intermediate term trend has been UP since Jan 24th, 2019 at 6.19785
The short term trend has been DOWN since Mar 12th, 2019 at 6.19630
Smart Scan Analysis for AEDCZK
Based on a pre-defined weighted trend formula for chart analysis, AEDCZK scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).