Forex Trend Analysis Report
Prepared for you on Monday, May 21, 2018.
Czech Koruna/Australian Dollar (FOREX:CZKAUD)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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.
MarketClub’s Trade Triangles for CZKAUD
The long term trend has been DOWN since May 20th, 2018 at 0.061025
The intermediate term trend has been DOWN since May 1st, 2018 at 0.062335
The short term trend has been DOWN since Apr 26th, 2018 at 0.062930
Smart Scan Analysis for CZKAUD
Based on a pre-defined weighted trend formula for chart analysis, CZKAUD scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).