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Forex Trend Analysis Report

Prepared for you on Wednesday, September 18, 2019.

Australian Dollar/Czech Koruna (FOREX:AUDCZK)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_AUDCZK
Open High Low AUDCZK Price Change
16.0352 16.0395 16.0010 16.0240 -0.0112
Entry Signal

MarketClub’s Trade Triangles for AUDCZK

long term up The long term trend has been UP since Sep 9th, 2019 at 16.0870

intermediate term up The intermediate term trend has been UP since Aug 30th, 2019 at 15.8210

short term down The short term trend has been DOWN since Sep 12th, 2019 at 16.0355

Smart Scan Analysis for AUDCZK

Based on a pre-defined weighted trend formula for chart analysis, AUDCZK scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for AUDCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.0352 16.0395 16.0010 16.0240 -0.0112
Prev. Close Volume Bid Ask Time
16.0352 16.0130 16.0350 2019-09-18 08:14:21
Want to analyze Australian Dollar/Czech Koruna AUDCZK or another symbol? Try our Free Forex Trend Analysis Report.