Forex Trend Analysis Report
Prepared for you on Wednesday, December 8, 2021.
Euro/Kazakhstan Tenge (FOREX:EURKZT)
Crossroads (-60) - EURKZT 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 EURKZT?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURKZT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURKZT
The long-term trend has been DOWN since Aug 6th, 2021 at 502.57
The intermediate-term trend has been UP since Dec 1st, 2021 at 493.39
The short-term trend has been UP since Dec 1st, 2021 at 492.00
Smart Scan Analysis for EURKZT
Based on our trend formula, EURKZT is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).