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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

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, CZKNZD 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.

FOREX_CZKNZD
Open High Low CZKNZD Price Change
0.0708950 0.0710495 0.0708820 0.0709490 +0.0000540
Entry Signal

MarketClub’s Trade Triangles for CZKNZD

long term down The long-term trend has been DOWN since Sep 29th, 2024 at 0.069766

intermediate term down The intermediate-term trend has been DOWN since Nov 11th, 2024 at 0.070640

short term down The short-term trend has been DOWN since Nov 19th, 2024 at 0.070964

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).

-100
Smart Scan Analysis for CZKNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0708950 0.0710495 0.0708820 0.0709490 +0.0000540
Prev. Close Volume Bid Ask Time
0.0708950 2024-11-20 03:33:09
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