Forex Trend Analysis Report
Prepared for you on Thursday, May 6, 2021.
Kazakhstan Tenge/Euro (FOREX:KZTEUR)
Strong Downtrend (-100) - KZTEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid KZTEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for KZTEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for KZTEUR
The long-term trend has been DOWN since Apr 19th, 2021 at 0.00193023
The intermediate-term trend has been DOWN since Apr 1st, 2021 at 0.00199560
The short-term trend has been DOWN since Apr 1st, 2021 at 0.00200107
Smart Scan Analysis for KZTEUR
Based on our trend formula, KZTEUR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).