Forex Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
New Zealand Dollar/Czech Koruna (FOREX:NZDCZK)
Crossroads (+60) - NZDCZK 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 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 Feb 11th, 2020 at 14.6145
The intermediate-term trend has been UP since Mar 16th, 2020 at 14.7885
The short-term trend has been UP since Apr 2nd, 2020 at 14.9950
Smart Scan Analysis for NZDCZK
Based on our trend formula, NZDCZK is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).