Forex Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
New Zealand Dollar/Czech Koruna (FOREX:NZDCZK)
Bear Market Rally (-75) - NZDCZK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NZDCZK as it may be in the beginning of a reversal.
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.
MarketClub’s Trade Triangles for NZDCZK
The long-term trend has been DOWN since Sep 19th, 2022 at 14.5860
The intermediate-term trend has been UP since Mar 15th, 2023 at 13.9530
The short-term trend has been DOWN since Mar 21st, 2023 at 13.9025
Smart Scan Analysis for NZDCZK
Based on our trend formula, NZDCZK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).