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Forex Trend Analysis Report

Prepared for you on Wednesday, May 1, 2024.

Czech Koruna/Australian Dollar (FOREX:CZKAUD)

Crossroads (+60) - CZKAUD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.0655065 0.0656065 0.0653245 0.0654150 -0.0000910
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 Apr 30th, 2024 at 0.0653930

Smart Scan Analysis for CZKAUD

Based on our trend formula, CZKAUD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for CZKAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0655065 0.0656065 0.0653245 0.0654150 -0.0000910
Prev. Close Volume Bid Ask Time
0.0655065 2024-05-01 17:30:29
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