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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.

FOREX_NZDCZK
Open High Low NZDCZK Price Change
13.91700 13.92465 13.63000 13.64550 -0.27150
Entry Signal

MarketClub’s Trade Triangles for NZDCZK

long term down The long-term trend has been DOWN since Sep 19th, 2022 at 14.5860

intermediate term up The intermediate-term trend has been UP since Mar 15th, 2023 at 13.9530

short term down 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).

-75
Smart Scan Analysis for NZDCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.91700 13.92465 13.63000 13.64550 -0.27150
Prev. Close Volume Bid Ask Time
13.91700 2023-03-21 13:24:52
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