Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, July 18, 2019.

British Pound/Czech Koruna (FOREX:GBPCZK)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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.

FOREX_GBPCZK
Open High Low GBPCZK Price Change
28.35895 28.48950 28.32510 28.46265 +0.10370
Entry Signal

MarketClub’s Trade Triangles for GBPCZK

long term down The long term trend has been DOWN since May 31st, 2019 at 29.1565

intermediate term down The intermediate term trend has been DOWN since May 15th, 2019 at 29.6224

short term down The short term trend has been DOWN since Jul 16th, 2019 at 28.4340

Smart Scan Analysis for GBPCZK

Based on a pre-defined weighted trend formula for chart analysis, GBPCZK scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-80
Smart Scan Analysis for GBPCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28.35895 28.48950 28.32510 28.46265 +0.10370
Prev. Close Volume Bid Ask Time
28.35895 28.44270 28.48260 2019-07-18 11:28:35
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