Forex Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
New Zealand Dollar/Czech Koruna (FOREX:NZDCZK)
Long-Term Uptrend (+90) - NZDCZK is in a strong uptrend that is likely to continue. While NZDCZK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid NZDCZK?
MarketClub looks at technical strength and momentum to determine if the timing is right for NZDCZK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NZDCZK
The long-term trend has been UP since Oct 14th, 2020 at 15.5814
The intermediate-term trend has been UP since Feb 19th, 2021 at 15.5740
The short-term trend has been UP since Feb 16th, 2021 at 15.3770
Smart Scan Analysis for NZDCZK
Based on our trend formula, NZDCZK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).