Forex Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
Czech Koruna/Australian Dollar (FOREX:CZKAUD)
Strong Downtrend (-100) - CZKAUD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. 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.
MarketClub’s Trade Triangles for CZKAUD
The long-term trend has been DOWN since Oct 19th, 2021 at 0.0609840
The intermediate-term trend has been DOWN since Sep 5th, 2021 at 0.0627350
The short-term trend has been DOWN since Oct 3rd, 2021 at 0.0629505
Smart Scan Analysis for CZKAUD
Based on our trend formula, CZKAUD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).