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Forex Trend Analysis Report

Prepared for you on Tuesday, December 5, 2023.

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.

FOREX_USDKZT
Open High Low USDKZT Price Change
462.31468 462.31468 462.31468 462.31468 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDKZT

long term up The long-term trend has been UP since Aug 16th, 2023 at 454.40114

intermediate term down The intermediate-term trend has been DOWN since Oct 29th, 2023 at 476.38018

short term down The short-term trend has been DOWN since Oct 29th, 2023 at 476.82296

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).

-60
Smart Scan Analysis for USDKZT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
462.31468 462.31468 462.31468 462.31468 0.00000
Prev. Close Volume Bid Ask Time
462.31468 2023-12-05 21:38:50
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