Forex Trend Analysis Report
Prepared for you on Tuesday, July 16, 2019.
Euro/Czech Koruna (FOREX:EURCZK)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 Jun 13th, 2019 at 25.56885
The intermediate term trend has been DOWN since Jun 5th, 2019 at 25.68460
The short term trend has been UP since Jul 5th, 2019 at 25.47385
Smart Scan Analysis for EURCZK
Based on a pre-defined weighted trend formula for chart analysis, EURCZK scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).