Forex Trend Analysis Report
Prepared for you on Tuesday, November 28, 2023.
Czech Koruna/New Zealand Dollar (FOREX:CZKNZD)
Bull Market Weakness (+75) - CZKNZD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CZKNZD as it may be in the beginning stages of a reversal.
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 Sep 22nd, 2023 at 0.0730465
The intermediate-term trend has been UP since Oct 19th, 2023 at 0.0733410
The short-term trend has been UP since Nov 28th, 2023 at 0.0740000
Smart Scan Analysis for CZKNZD
Based on our trend formula, CZKNZD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).