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Forex Trend Analysis Report

Prepared for you on Friday, October 18, 2019.

Czech Koruna/Polish New Zloty (FOREX:CZKPLN)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend 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_CZKPLN
Open High Low CZKPLN Price Change
0.1665720 0.1669415 0.1662215 0.1665675 -0.0000040
Entry Signal

MarketClub’s Trade Triangles for CZKPLN

long term down The long term trend has been DOWN since Oct 14th, 2019 at 0.166191

intermediate term down The intermediate term trend has been DOWN since Oct 10th, 2019 at 0.167044

short term up The short term trend has been UP since Oct 17th, 2019 at 0.166846

Smart Scan Analysis for CZKPLN

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

-85
Smart Scan Analysis for CZKPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1665720 0.1669415 0.1662215 0.1665675 -0.0000040
Prev. Close Volume Bid Ask Time
0.1665720 0.1663960 0.1667390 2019-10-17 23:09:26
Want to analyze Czech Koruna/Polish New Zloty CZKPLN or another symbol? Try our Free Forex Trend Analysis Report.