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Forex Trend Analysis Report

Prepared for you on Monday, December 4, 2023.

Kazakhstan Tenge/Euro (FOREX:KZTEUR)

Long-Term Downtrend (-90) - KZTEUR is in a strong downtrend that is likely to continue. While KZTEUR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

FOREX_KZTEUR
Open High Low KZTEUR Price Change
0.00198834 0.00198834 0.00198834 0.00198834 0.00000000
Entry Signal

MarketClub’s Trade Triangles for KZTEUR

long term down The long-term trend has been DOWN since Apr 24th, 2023 at 0.00199266

intermediate term down The intermediate-term trend has been DOWN since Nov 19th, 2023 at 0.00199576

short term down The short-term trend has been DOWN since Nov 16th, 2023 at 0.00200252

Smart Scan Analysis for KZTEUR

Based on our trend formula, KZTEUR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for KZTEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00198834 0.00198834 0.00198834 0.00198834 0.00000000
Prev. Close Volume Bid Ask Time
0.00198834 2023-12-02 06:46:35
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