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Forex Trend Analysis Report

Prepared for you on Tuesday, August 20, 2019.

New Zealand Dollar/Czech Koruna (FOREX:NZDCZK)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_NZDCZK
Open High Low NZDCZK Price Change
14.9415 14.9645 14.9095 14.9122 -0.0293
Entry Signal

MarketClub’s Trade Triangles for NZDCZK

long term down The long term trend has been DOWN since May 1st, 2019 at 15.1770

intermediate term down The intermediate term trend has been DOWN since Aug 4th, 2019 at 15.1200

short term down The short term trend has been DOWN since Aug 19th, 2019 at 14.8755

Smart Scan Analysis for NZDCZK

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

-100
Smart Scan Analysis for NZDCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.9415 14.9645 14.9095 14.9122 -0.0293
Prev. Close Volume Bid Ask Time
14.9415 14.8922 14.9322 2019-08-20 15:24:12
Want to analyze New Zealand Dollar/Czech Koruna NZDCZK or another symbol? Try our Free Forex Trend Analysis Report.