Forex Trend Analysis Report
Prepared for you on Saturday, March 6, 2021.
Czech Koruna/New Zealand Dollar (FOREX:CZKNZD)
Strong Downtrend (-100) - CZKNZD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution 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 Oct 14th, 2020 at 0.0642905
The intermediate-term trend has been DOWN since Feb 19th, 2021 at 0.0642235
The short-term trend has been DOWN since Mar 4th, 2021 at 0.0631965
Smart Scan Analysis for CZKNZD
Based on our trend formula, CZKNZD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).