Forex Trend Analysis Report
Prepared for you on Monday, February 18, 2019.
Czech Koruna/Hungarian Forint (FOREX:CZKHUF)
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 CZKHUF
The long term trend has been DOWN since Jan 28th, 2019 at 12.3270
The intermediate term trend has been DOWN since Jan 21st, 2019 at 12.4193
The short term trend has been UP since Feb 14th, 2019 at 12.3826
Smart Scan Analysis for CZKHUF
Based on a pre-defined weighted trend formula for chart analysis, CZKHUF scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).