Forex Trend Analysis Report
Prepared for you on Thursday, May 28, 2020.
Australian Dollar/Czech Koruna (FOREX:AUDCZK)
Sidelines Mode (+55) - AUDCZK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Apr 16th, 2020 at 15.9210
The intermediate-term trend has been UP since Mar 24th, 2020 at 15.3295
The short-term trend has been DOWN since May 27th, 2020 at 16.3253
Smart Scan Analysis for AUDCZK
Based on our trend formula, AUDCZK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).