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"is currently calculated" is correct and usable in written English.
You can use it when referring to something that is in the process of being calculated, typically in the present moment. For example: "The average total cost of tuition, fees, and housing is currently calculated to be around $30,000 for the academic year."
Exact(15)
This chattering index is currently calculated empirically based on alarm data.
It guarantees a wage that is currently calculated at 1,500 Egyptian pounds (£157), which the government says it can't pay because it has no money.
It is currently calculated at about 6percentt of the wholesale cost of gasoline, but some energy executives want it changed to a flat per-gallon fee.
The cost of the student loan program in 2013 is currently calculated by taking the net present value (NPV) of every loan issued in 2013.
For example, we could set the expected family contribution as a percentage of annual income, much as financial aid is currently calculated, but in a much more systematic fashion.
Nigeria's GDP is currently calculated on the basis of prices in 1990, which means that some fast-growing bits of the economy are not given their due weight.
Similar(45)
New England is currently calculating what that is worth.
Even though it now has consent for the second Lincolnshire farm, Centrica admits it is currently calculating whether it can proceed in such difficult economic conditions.
The CEP is currently calculating theoretical chemistry properties for molecules in the library at different hierarchy levels of approximation, refining and adjusting our present findings.
They are currently calculated using financial metrics – predominantly cash flow and earnings per share – plus customer service and meeting environmental and social goals.
Assessments for the deposit insurance fund are currently calculated as a percentage of a bank's domestic deposits.
More suggestions(14)
is currently computed
is previously calculated
is actually calculated
is currently appreciated
is currently calibrated
is still calculated
is currently categorized
is routinely calculated
is currently allocated
is currently estimated
is currently anticipated
is now calculated
is already calculated
is was calculated
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com