Forex Trend Analysis Report
Prepared for you on Monday, July 22, 2019.
Czech Koruna/Australian Dollar (FOREX:CZKAUD)
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 CZKAUD
The long term trend has been UP since Jan 1st, 2019 at 0.063491
The intermediate term trend has been DOWN since Jul 3rd, 2019 at 0.063066
The short term trend has been UP since Jul 22nd, 2019 at 0.062445
Smart Scan Analysis for CZKAUD
Based on a pre-defined weighted trend formula for chart analysis, CZKAUD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).