Forex Trend Analysis Report
Prepared for you on Wednesday, September 18, 2019.
Czech Koruna/Australian Dollar (FOREX:CZKAUD)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight 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 CZKAUD
The long term trend has been DOWN since Sep 9th, 2019 at 0.062161
The intermediate term trend has been DOWN since Aug 30th, 2019 at 0.063208
The short term trend has been UP since Sep 13th, 2019 at 0.062398
Smart Scan Analysis for CZKAUD
Based on a pre-defined weighted trend formula for chart analysis, CZKAUD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).