Forex Trend Analysis Report
Prepared for you on Sunday, July 21, 2019.
Czech Koruna/New Zealand Dollar (FOREX:CZKNZD)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 UP since May 1st, 2019 at 0.065890
The intermediate term trend has been DOWN since Jul 1st, 2019 at 0.066335
The short term trend has been DOWN since Jul 10th, 2019 at 0.066176
Smart Scan Analysis for CZKNZD
Based on a pre-defined weighted trend formula for chart analysis, CZKNZD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).