Forex Trend Analysis Report
Prepared for you on Sunday, February 17, 2019.
Canadian Dollar/Czech Koruna (FOREX:CADCZK)
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 CADCZK
The long term trend has been DOWN since Dec 20th, 2018 at 16.6765
The intermediate term trend has been UP since Jan 16th, 2019 at 16.9300
The short term trend has been DOWN since Feb 14th, 2019 at 17.1485
Smart Scan Analysis for CADCZK
Based on a pre-defined weighted trend formula for chart analysis, CADCZK scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).