Forex Trend Analysis Report
Prepared for you on Monday, August 19, 2019.
Canadian Dollar/Czech Koruna (FOREX:CADCZK)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 CADCZK
The long term trend has been UP since Jul 4th, 2019 at 17.2975
The intermediate term trend has been DOWN since Aug 6th, 2019 at 17.3545
The short term trend has been UP since Aug 16th, 2019 at 17.5035
Smart Scan Analysis for CADCZK
Based on a pre-defined weighted trend formula for chart analysis, CADCZK scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).