Forex Trend Analysis Report
Prepared for you on Sunday, January 19, 2020.
Czech Koruna/New Zealand Dollar (FOREX:CZKNZD)
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 CZKNZD
The long term trend has been DOWN since Dec 22nd, 2019 at 0.065831
The intermediate term trend has been UP since Jan 7th, 2020 at 0.066822
The short term trend has been UP since Dec 29th, 2019 at 0.065620
Smart Scan Analysis for CZKNZD
Based on a pre-defined weighted trend formula for chart analysis, CZKNZD scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).