Forex Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
Kazakhstan Tenge/Euro (FOREX:KZTEUR)
Sidelines Mode (+55) - KZTEUR 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 KZTEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for KZTEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for KZTEUR
The long-term trend has been UP since Aug 6th, 2021 at 0.00198984
The intermediate-term trend has been UP since Sep 21st, 2021 at 0.00199652
The short-term trend has been DOWN since Oct 26th, 2021 at 0.00202089
Smart Scan Analysis for KZTEUR
Based on our trend formula, KZTEUR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).