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Forex Trend Analysis Report

Prepared for you on Sunday, May 31, 2020.

Czech Koruna/New Zealand Dollar (FOREX:CZKNZD)

Sidelines Mode (-55) - CZKNZD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.0666035 0.0667660 0.0666035 0.0666315 +0.0000280
Entry Signal

MarketClub’s Trade Triangles for CZKNZD

long term down The long-term trend has been DOWN since Apr 20th, 2020 at 0.065492

intermediate term down The intermediate-term trend has been DOWN since Mar 16th, 2020 at 0.067615

short term up The short-term trend has been UP since May 27th, 2020 at 0.065666

Smart Scan Analysis for CZKNZD

Based on our trend formula, CZKNZD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for CZKNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0666035 0.0667660 0.0666035 0.0666315 +0.0000280
Prev. Close Volume Bid Ask Time
0.0666035 0.0665700 0.0666930 2020-05-31 16:33:32
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