Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
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 Apr 16th, 2020 at 0.0628675
The intermediate-term trend has been DOWN since Mar 24th, 2020 at 0.0652950
The short-term trend has been UP since May 19th, 2020 at 0.0610185
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).