Forex Trend Analysis Report
Prepared for you on Thursday, July 18, 2019.
Australian Dollar/Czech Koruna (FOREX:AUDCZK)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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.
MarketClub’s Trade Triangles for AUDCZK
The long term trend has been DOWN since Jan 1st, 2019 at 15.7495
The intermediate term trend has been UP since Jul 8th, 2019 at 15.8865
The short term trend has been UP since Jul 12th, 2019 at 15.8895
Smart Scan Analysis for AUDCZK
Based on a pre-defined weighted trend formula for chart analysis, AUDCZK scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).