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Forex Trend Analysis Report

Prepared for you on Monday, December 11, 2023.

New Zealand Dollar/Czech Koruna (FOREX:NZDCZK)

Countertrend Up (+85) - NZDCZK 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 NZDCZK?

MarketClub looks at technical strength and momentum to determine if the timing is right for NZDCZK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low NZDCZK Price Change
13.8635 13.9089 13.8085 13.8980 +0.0345
Entry Signal

MarketClub’s Trade Triangles for NZDCZK

long term up The long-term trend has been UP since Sep 22nd, 2023 at 13.6890

intermediate term up The intermediate-term trend has been UP since Nov 30th, 2023 at 13.7060

short term down The short-term trend has been DOWN since Dec 11th, 2023 at 13.8195

Smart Scan Analysis for NZDCZK

Based on our trend formula, NZDCZK is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for NZDCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.8635 13.9089 13.8085 13.8980 +0.0345
Prev. Close Volume Bid Ask Time
13.8635 2023-12-11 13:42:09
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