Forex Trend Analysis Report
Prepared for you on Sunday, October 24, 2021.
Kazakhstan Tenge/US Dollar (FOREX:KZTUSD)
Countertrend Up (+85) - KZTUSD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Aug 2nd, 2021 at 0.00234996
The intermediate-term trend has been UP since Oct 6th, 2021 at 0.00235124
The short-term trend has been UP since Oct 22nd, 2021 at 0.00234903
Smart Scan Analysis for KZTUSD
Based on our trend formula, KZTUSD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).