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Forex Trend Analysis Report

Prepared for you on Saturday, December 9, 2023.

Czech Koruna/Australian Dollar (FOREX:CZKAUD)

Long-Term Downtrend (-90) - CZKAUD is in a strong downtrend that is likely to continue. While CZKAUD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
0.0669765 0.0671710 0.0669175 0.0671290 +0.0001520
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 down The intermediate-term trend has been DOWN since Dec 1st, 2023 at 0.0671215

short term down The short-term trend has been DOWN since Nov 30th, 2023 at 0.0679260

Smart Scan Analysis for CZKAUD

Based on our trend formula, CZKAUD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for CZKAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0669765 0.0671710 0.0669175 0.0671290 +0.0001520
Prev. Close Volume Bid Ask Time
0.0669765 2023-12-08 17:06:33
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