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Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

New Zealand Dollar/Czech Koruna (FOREX:NZDCZK)

Strong Downtrend (-100) - NZDCZK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NZDCZK continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid NZDCZK?

MarketClub looks at technical strength and momentum to determine if the timing is right for NZDCZK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_NZDCZK
Open High Low NZDCZK Price Change
13.97450 13.98350 13.93835 13.95950 -0.01500
Entry Signal

MarketClub’s Trade Triangles for NZDCZK

long term down The long-term trend has been DOWN since May 1st, 2024 at 13.8590

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 13.9715

short term down The short-term trend has been DOWN since May 8th, 2024 at 13.9445

Smart Scan Analysis for NZDCZK

Based on our trend formula, NZDCZK is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for NZDCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.97450 13.98350 13.93835 13.95950 -0.01500
Prev. Close Volume Bid Ask Time
13.97450 2024-05-09 06:39:46
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