Forex Trend Analysis Report
Prepared for you on Sunday, February 17, 2019.
Euro/Czech Koruna (FOREX:EURCZK)
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 EURCZK
The long term trend has been DOWN since Jan 3rd, 2019 at 25.6973
The intermediate term trend has been UP since Jan 28th, 2019 at 25.7454
The short term trend has been DOWN since Feb 13th, 2019 at 25.8037
Smart Scan Analysis for EURCZK
Based on a pre-defined weighted trend formula for chart analysis, EURCZK scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).