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.
MarketClub’s Trade Triangles for CZKNZD
The long-term trend has been DOWN since Aug 12th, 2022 at 0.0653455
The intermediate-term trend has been DOWN since Jul 6th, 2022 at 0.0668385
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).