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Forex Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

Czech Koruna/New Zealand Dollar (FOREX:CZKNZD)

Countertrend Down (-85) - CZKNZD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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

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

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

FOREX_CZKNZD
Open High Low CZKNZD Price Change
0.065596 0.066131 0.065585 0.065902 +0.000306
Entry Signal

MarketClub’s Trade Triangles for CZKNZD

long term down The long-term trend has been DOWN since Aug 12th, 2022 at 0.0653455

intermediate term down The intermediate-term trend has been DOWN since Jul 6th, 2022 at 0.0668385

short term up The short-term trend has been UP since Aug 17th, 2022 at 0.0657330

Smart Scan Analysis for CZKNZD

Based on our trend formula, CZKNZD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for CZKNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.065596 0.066131 0.065585 0.065902 +0.000306
Prev. Close Volume Bid Ask Time
0.065596 2022-08-19 17:04:44
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