Forex Trend Analysis Report
Prepared for you on Sunday, May 26, 2019.
Czech Koruna/British Pound (FOREX:CZKGBP)
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 CZKGBP
The long term trend has been DOWN since Feb 27th, 2019 at 0.033352
The intermediate term trend has been UP since May 15th, 2019 at 0.033755
The short term trend has been UP since May 22nd, 2019 at 0.034100
Smart Scan Analysis for CZKGBP
Based on a pre-defined weighted trend formula for chart analysis, CZKGBP scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).