Forex Trend Analysis Report
Prepared for you on Saturday, February 16, 2019.
US Dollar/Czech Koruna (FOREX:USDCZK)
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 USDCZK
The long term trend has been DOWN since Jan 9th, 2019 at 22.16595
The intermediate term trend has been UP since Jan 24th, 2019 at 22.76510
The short term trend has been DOWN since Feb 13th, 2019 at 22.78155
Smart Scan Analysis for USDCZK
Based on a pre-defined weighted trend formula for chart analysis, USDCZK scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).