Forex Trend Analysis Report
Prepared for you on Thursday, April 18, 2019.
Czech Koruna/Euro (FOREX:CZKEUR)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 UP since Apr 10th, 2019 at 0.039072
The short term trend has been DOWN since Apr 15th, 2019 at 0.039017
Smart Scan Analysis for CZKEUR
Based on a pre-defined weighted trend formula for chart analysis, CZKEUR scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).