Forex Trend Analysis Report
Prepared for you on Tuesday, November 28, 2023.
New Zealand Dollar/Czech Koruna (FOREX:NZDCZK)
Weak Downtrend (-65) - NZDCZK is showing signs of a strengthening downtrend. Monitor NZDCZK as it may be building momentum to the downside.
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 Sep 22nd, 2023 at 13.6890
The intermediate-term trend has been DOWN since Oct 19th, 2023 at 13.6340
The short-term trend has been DOWN since Nov 28th, 2023 at 13.5135
Smart Scan Analysis for NZDCZK
Based on our trend formula, NZDCZK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).