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Forex Trend Analysis Report

Prepared for you on Thursday, May 23, 2019.

Czech Koruna/Hungarian Forint (FOREX:CZKHUF)

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.

FOREX_CZKHUF
Open High Low CZKHUF Price Change
12.64515 12.68370 12.61035 12.62315 -0.02200
Entry Signal

MarketClub’s Trade Triangles for CZKHUF

long term up The long term trend has been UP since May 1st, 2019 at 12.64390

intermediate term up The intermediate term trend has been UP since Mar 26th, 2019 at 12.34725

short term down The short term trend has been DOWN since May 22nd, 2019 at 12.64235

Smart Scan Analysis for CZKHUF

Based on a pre-defined weighted trend formula for chart analysis, CZKHUF scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for CZKHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.64515 12.68370 12.61035 12.62315 -0.02200
Prev. Close Volume Bid Ask Time
12.64515 12.60200 12.64430 2019-05-23 21:35:12
Want to analyze Czech Koruna/Hungarian Forint CZKHUF or another symbol? Try our Free Forex Trend Analysis Report.