Forex Trend Analysis Report
Prepared for you on Thursday, June 4, 2020.
New Zealand Dollar/Czech Koruna (FOREX:NZDCZK)
Strong Uptrend (+100) - NZDCZK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, NZDCZK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Apr 20th, 2020 at 15.2720
The intermediate-term trend has been UP since Mar 16th, 2020 at 14.7885
The short-term trend has been UP since Jun 2nd, 2020 at 15.1885
Smart Scan Analysis for NZDCZK
Based on our trend formula, NZDCZK is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).