Forex Trend Analysis Report
Prepared for you on Wednesday, August 10, 2022.
Czech Koruna/Australian Dollar (FOREX:CZKAUD)
Bull Market Weakness (+75) - CZKAUD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CZKAUD as it may be in the beginning stages 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 UP since Jun 22nd, 2022 at 0.0618655
The intermediate-term trend has been DOWN since Jul 7th, 2022 at 0.0600920
The short-term trend has been UP since Aug 2nd, 2022 at 0.0596430
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).