Forex Trend Analysis Report
Prepared for you on Sunday, May 19, 2019.
Czech Koruna/Euro (FOREX:CZKEUR)
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 CZKEUR
The long term trend has been UP since Jan 3rd, 2019 at 0.038921
The intermediate term trend has been DOWN since May 12th, 2019 at 0.038819
The short term trend has been DOWN since May 17th, 2019 at 0.038795
Smart Scan Analysis for CZKEUR
Based on a pre-defined weighted trend formula for chart analysis, CZKEUR scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).