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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Australian Dollar/Czech Koruna (FOREX:AUDCZK)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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.

FOREX_AUDCZK
Open High Low AUDCZK Price Change
15.4450 15.4630 15.4397 15.4570 +0.0120
Entry Signal

MarketClub’s Trade Triangles for AUDCZK

long term down The long term trend has been DOWN since Dec 17th, 2019 at 15.639

intermediate term down The intermediate term trend has been DOWN since Jan 7th, 2020 at 15.600

short term up The short term trend has been UP since Feb 11th, 2020 at 15.388

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).

-55
Smart Scan Analysis for AUDCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.4450 15.4630 15.4397 15.4570 +0.0120
Prev. Close Volume Bid Ask Time
15.4450 15.4460 15.4680 2020-02-17 01:25:41
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