Forex Trend Analysis Report
Prepared for you on Tuesday, November 28, 2023.
Kazakhstan Tenge/US Dollar (FOREX:KZTUSD)
Sidelines Mode (+50) - KZTUSD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until KZTUSD can gain momentum.
Is it time to buy, sell, or avoid KZTUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for KZTUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for KZTUSD
The long-term trend has been DOWN since Aug 16th, 2023 at 0.00220078
The intermediate-term trend has been UP since Oct 29th, 2023 at 0.00209924
The short-term trend has been UP since Oct 29th, 2023 at 0.00209729
Smart Scan Analysis for KZTUSD
Based on our trend formula, KZTUSD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).