Forex Trend Analysis Report
Prepared for you on Thursday, December 3, 2020.
Australian Dollar/Czech Koruna (FOREX:AUDCZK)
Bear Market Rally (-75) - AUDCZK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on AUDCZK as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid AUDCZK?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDCZK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AUDCZK
The long-term trend has been DOWN since Dec 1st, 2020 at 16.07015
The intermediate-term trend has been DOWN since Oct 19th, 2020 at 16.34850
The short-term trend has been UP since Dec 3rd, 2020 at 16.21300
Smart Scan Analysis for AUDCZK
Based on our trend formula, AUDCZK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).