Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
US Dollar/Kazakhstan Tenge (FOREX:USDKZT)
Crossroads (-60) - USDKZT is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid USDKZT?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDKZT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDKZT
The long-term trend has been UP since Mar 17th, 2020 at 387.27842
The intermediate-term trend has been DOWN since Apr 8th, 2020 at 436.93401
The short-term trend has been DOWN since Apr 6th, 2020 at 441.06020
Smart Scan Analysis for USDKZT
Based on our trend formula, USDKZT is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).