Forex Trend Analysis Report
Prepared for you on Saturday, February 23, 2019.
Czech Koruna/Singapore Dollar (FOREX:CZKSGD)
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.
MarketClub’s Trade Triangles for CZKSGD
The long term trend has been DOWN since Oct 31st, 2018 at 0.060476
The intermediate term trend has been DOWN since Jan 24th, 2019 at 0.060023
The short term trend has been UP since Feb 13th, 2019 at 0.059525
Smart Scan Analysis for CZKSGD
Based on a pre-defined weighted trend formula for chart analysis, CZKSGD scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).