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Forex Trend Analysis Report

Prepared for you on Tuesday, October 19, 2021.

US Dollar/Kazakhstan Tenge (FOREX:USDKZT)

Long-Term Downtrend (-90) - USDKZT is in a strong downtrend that is likely to continue. While USDKZT is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

FOREX_USDKZT
Open High Low USDKZT Price Change
425.72308 426.16204 425.72308 426.16204 +0.43896
Entry Signal

MarketClub’s Trade Triangles for USDKZT

long term down The long-term trend has been DOWN since Aug 2nd, 2021 at 425.55395

intermediate term down The intermediate-term trend has been DOWN since Oct 6th, 2021 at 425.32308

short term down The short-term trend has been DOWN since Oct 6th, 2021 at 425.43963

Smart Scan Analysis for USDKZT

Based on our trend formula, USDKZT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for USDKZT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
425.72308 426.16204 425.72308 426.16204 +0.43896
Prev. Close Volume Bid Ask Time
425.96045 2021-10-12 21:08:35
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