Forex Trend Analysis Report
Prepared for you on Thursday, February 27, 2020.
Czech Koruna/Australian Dollar (FOREX:CZKAUD)
Long-Term Uptrend (+90) - CZKAUD is in a strong uptrend that is likely to continue. While CZKAUD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Dec 17th, 2019 at 0.0639385
The intermediate-term trend has been UP since Jan 7th, 2020 at 0.0641015
The short-term trend has been UP since Feb 20th, 2020 at 0.0652710
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).