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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

New Zealand Dollar/Czech Koruna (FOREX:NZDCZK)

Long-Term Downtrend (-90) - NZDCZK is in a strong downtrend that is likely to continue. While NZDCZK is showing intraday strength, it remains in the confines of a bearish trend. 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.

FOREX_NZDCZK
Open High Low NZDCZK Price Change
13.74700 13.81000 13.74115 13.74275 -0.00425
Entry Signal

MarketClub’s Trade Triangles for NZDCZK

long term down The long-term trend has been DOWN since Jul 25th, 2024 at 13.7850

intermediate term down The intermediate-term trend has been DOWN since Jul 15th, 2024 at 14.1485

short term down The short-term trend has been DOWN since Jul 9th, 2024 at 14.2005

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).

-90
Smart Scan Analysis for NZDCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.74700 13.81000 13.74115 13.74275 -0.00425
Prev. Close Volume Bid Ask Time
13.74700 2024-07-26 17:00:05
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