Forex Trend Analysis Report
Prepared for you on Monday, February 18, 2019.
Czech Koruna/Canadian Dollar (FOREX:CZKCAD)
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 CZKCAD
The long term trend has been UP since Dec 20th, 2018 at 0.059971
The intermediate term trend has been DOWN since Jan 16th, 2019 at 0.059071
The short term trend has been UP since Feb 14th, 2019 at 0.058310
Smart Scan Analysis for CZKCAD
Based on a pre-defined weighted trend formula for chart analysis, CZKCAD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).