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Forex Trend Analysis Report

Prepared for you on Thursday, May 23, 2024.

Czech Koruna/New Zealand Dollar (FOREX:CZKNZD)

Countertrend Up (+85) - CZKNZD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
0.0716005 0.0717475 0.0715625 0.0716925 +0.0000920
Entry Signal

MarketClub’s Trade Triangles for CZKNZD

long term up The long-term trend has been UP since May 1st, 2024 at 0.0721535

intermediate term up The intermediate-term trend has been UP since Apr 16th, 2024 at 0.0715720

short term up The short-term trend has been UP since May 21st, 2024 at 0.0721000

Smart Scan Analysis for CZKNZD

Based on our trend formula, CZKNZD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for CZKNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0716005 0.0717475 0.0715625 0.0716925 +0.0000920
Prev. Close Volume Bid Ask Time
0.0716005 2024-05-23 05:03:49
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