Forex Trend Analysis Report
Prepared for you on Wednesday, September 18, 2019.
Japanese Yen/Czech Koruna (FOREX:JPYCZK)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 JPYCZK
The long term trend has been UP since Dec 21st, 2018 at 0.203975
The intermediate term trend has been DOWN since Sep 8th, 2019 at 0.217545
The short term trend has been UP since Sep 12th, 2019 at 0.219460
Smart Scan Analysis for JPYCZK
Based on a pre-defined weighted trend formula for chart analysis, JPYCZK scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).