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Forex Trend Analysis Report

Prepared for you on Friday, November 16, 2018.

Czech Koruna/Australian Dollar (FOREX:CZKAUD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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.

FOREX_CZKAUD
Open High Low CZKAUD Price Change
0.059958 0.060166 0.059866 0.059918 -0.000040
Entry Signal

MarketClub’s Trade Triangles for CZKAUD

long term down The long term trend has been DOWN since Nov 8th, 2018 at 0.060670

intermediate term down The intermediate term trend has been DOWN since Sep 28th, 2018 at 0.062310

short term down The short term trend has been DOWN since Oct 24th, 2018 at 0.062455

Smart Scan Analysis for CZKAUD

Based on a pre-defined weighted trend formula for chart analysis, CZKAUD scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for CZKAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.059958 0.060166 0.059866 0.059918 -0.000040
Prev. Close Volume Bid Ask Time
0.059958 0.059854 0.059982 2018-11-16 17:48:35
Want to analyze Czech Koruna/Australian Dollar CZKAUD or another symbol? Try our Free Forex Trend Analysis Report.