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Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Czech Koruna/Australian Dollar (FOREX:CZKAUD)

Bull Market Weakness (+75) - CZKAUD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CZKAUD as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid CZKAUD?

MarketClub looks at technical strength and momentum to determine if the timing is right for CZKAUD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CZKAUD
Open High Low CZKAUD Price Change
0.065297 0.065338 0.065261 0.065336 +0.000039
Entry Signal

MarketClub’s Trade Triangles for CZKAUD

long term down The long-term trend has been DOWN since Nov 1st, 2023 at 0.0669635

intermediate term up The intermediate-term trend has been UP since Apr 16th, 2024 at 0.0656895

short term up The short-term trend has been UP since May 8th, 2024 at 0.0652890

Smart Scan Analysis for CZKAUD

Based on our trend formula, CZKAUD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for CZKAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.065297 0.065338 0.065261 0.065336 +0.000039
Prev. Close Volume Bid Ask Time
0.065297 2024-05-09 02:14:27
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