Forex Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
Czech Koruna/Australian Dollar (FOREX:CZKAUD)
Bear Market Rally (-75) - CZKAUD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CZKAUD as it may be in the beginning of a reversal.
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 Feb 19th, 2021 at 0.0596270
The intermediate-term trend has been DOWN since Feb 17th, 2021 at 0.0601495
The short-term trend has been UP since Feb 26th, 2021 at 0.0594735
Smart Scan Analysis for CZKAUD
Based on our trend formula, CZKAUD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).