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Forex Trend Analysis Report

Prepared for you on Saturday, May 25, 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 negative trend to resume. Downtrend 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
15.9280 15.9890 15.9093 15.9685 +0.0405
Entry Signal

MarketClub’s Trade Triangles for AUDCZK

long term down The long term trend has been DOWN since Jan 1st, 2019 at 15.7495

intermediate term down The intermediate term trend has been DOWN since Apr 23rd, 2019 at 16.1535

short term up The short term trend has been UP since May 19th, 2019 at 15.9570

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
15.9280 15.9890 15.9093 15.9685 +0.0405
Prev. Close Volume Bid Ask Time
15.9280 15.9530 15.9840 2019-05-24 18:18:50
Want to analyze Australian Dollar/Czech Koruna AUDCZK or another symbol? Try our Free Forex Trend Analysis Report.