Forex Trend Analysis Report
Prepared for you on Tuesday, July 17, 2018.
Australian Dollar/Czech Koruna (FOREX:AUDCZK)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.
MarketClub’s Trade Triangles for AUDCZK
The long term trend has been UP since May 18th, 2018 at 16.3860
The intermediate term trend has been DOWN since Jun 25th, 2018 at 16.3800
The short term trend has been DOWN since Jul 16th, 2018 at 16.3714
Smart Scan Analysis for AUDCZK
Based on a pre-defined weighted trend formula for chart analysis, AUDCZK scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).