Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 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.
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 DOWN since Feb 21st, 2019 at 16.0665
The short term trend has been UP since Mar 18th, 2019 at 16.0785
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).