Forex Trend Analysis Report
Prepared for you on Thursday, April 9, 2020.
Kazakhstan Tenge/US Dollar (FOREX:KZTUSD)
Sidelines Mode (+50) - KZTUSD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until KZTUSD can gain momentum.
Is it time to buy, sell, or avoid KZTUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for KZTUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for KZTUSD
The long-term trend has been DOWN since Mar 17th, 2020 at 0.00258225
The intermediate-term trend has been UP since Apr 8th, 2020 at 0.00228876
The short-term trend has been UP since Apr 6th, 2020 at 0.00226735
Smart Scan Analysis for KZTUSD
Based on our trend formula, KZTUSD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).