Forex Trend Analysis Report
Prepared for you on Monday, November 18, 2019.
Australian Dollar/Czech Koruna (FOREX:AUDCZK)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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.
MarketClub’s Trade Triangles for AUDCZK
The long term trend has been UP since Sep 9th, 2019 at 16.0870
The intermediate term trend has been UP since Nov 5th, 2019 at 15.9100
The short term trend has been DOWN since Nov 11th, 2019 at 15.8345
Smart Scan Analysis for AUDCZK
Based on a pre-defined weighted trend formula for chart analysis, AUDCZK scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).