Forex Trend Analysis Report
Prepared for you on Saturday, June 25, 2022.
New Zealand Dollar/Czech Koruna (FOREX:NZDCZK)
Strong Downtrend (-100) - NZDCZK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NZDCZK continues to fall. Traders should use caution and set stops.
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 DOWN since Jun 14th, 2022 at 14.7395
The intermediate-term trend has been DOWN since Mar 29th, 2022 at 15.1950
The short-term trend has been DOWN since Jun 5th, 2022 at 14.9505
Smart Scan Analysis for NZDCZK
Based on our trend formula, NZDCZK is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).