Forex Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
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 Jul 7th, 2022 at 0.00210137
The intermediate-term trend has been UP since Aug 7th, 2022 at 0.00208154
The short-term trend has been UP since Aug 7th, 2022 at 0.00208435
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).