Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
Euro/Kazakhstan Tenge (FOREX:EURKZT)
Weak Downtrend (-65) - EURKZT is showing signs of a strengthening downtrend. Monitor EURKZT as it may be building momentum to the downside.
Is it time to buy, sell, or avoid EURKZT?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURKZT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURKZT
The long-term trend has been UP since Mar 17th, 2020 at 429.95
The intermediate-term trend has been DOWN since Apr 5th, 2020 at 480.80
The short-term trend has been DOWN since Apr 5th, 2020 at 484.45
Smart Scan Analysis for EURKZT
Based on our trend formula, EURKZT is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).