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Forex Trend Analysis Report

Prepared for you on Friday, July 12, 2024.

Kazakhstan Tenge/US Dollar (FOREX:KZTUSD)

Bear Market Rally (-75) - KZTUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on KZTUSD as it may be in the beginning of a reversal.

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.

FOREX_KZTUSD
Open High Low KZTUSD Price Change
0.00209617 0.00211008 0.00209617 0.00211008 +0.00001400
Entry Signal

MarketClub’s Trade Triangles for KZTUSD

long term down The long-term trend has been DOWN since Jun 19th, 2024 at 0.00220471

intermediate term down The intermediate-term trend has been DOWN since May 30th, 2024 at 0.00225370

short term up The short-term trend has been UP since Jul 10th, 2024 at 0.00209503

Smart Scan Analysis for KZTUSD

Based on our trend formula, KZTUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for KZTUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00209617 0.00211008 0.00209617 0.00211008 +0.00001400
Prev. Close Volume Bid Ask Time
0.00210891 2024-07-11 07:26:02
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