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Forex Trend Analysis Report

Prepared for you on Monday, May 27, 2024.

US Dollar/Kazakhstan Tenge (FOREX:USDKZT)

Long-Term Downtrend (-90) - USDKZT is in a strong downtrend that is likely to continue. While USDKZT 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 USDKZT?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDKZT.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDKZT
Open High Low USDKZT Price Change
442.39186 442.39186 442.39186 442.39186 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDKZT

long term down The long-term trend has been DOWN since Dec 12th, 2023 at 458.50029

intermediate term down The intermediate-term trend has been DOWN since Apr 23rd, 2024 at 444.43012

short term down The short-term trend has been DOWN since May 26th, 2024 at 442.57943

Smart Scan Analysis for USDKZT

Based on our trend formula, USDKZT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for USDKZT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
442.39186 442.39186 442.39186 442.39186 0.00000
Prev. Close Volume Bid Ask Time
442.39186 2024-05-26 08:46:20
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