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Forex Trend Analysis Report

Prepared for you on Tuesday, May 22, 2018.

Czech Koruna/Norwegian Krone (FOREX:CZKNOK)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_CZKNOK
Open High Low CZKNOK Price Change
0.369330 0.370710 0.369080 0.370255 +0.000925
Entry Signal

MarketClub’s Trade Triangles for CZKNOK

long term down The long term trend has been DOWN since Mar 9th, 2018 at 0.375640

intermediate term down The intermediate term trend has been DOWN since Apr 30th, 2018 at 0.377545

short term down The short term trend has been DOWN since May 16th, 2018 at 0.374000

Smart Scan Analysis for CZKNOK

Based on a pre-defined weighted trend formula for chart analysis, CZKNOK scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for CZKNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.369330 0.370710 0.369080 0.370255 +0.000925
Prev. Close Volume Bid Ask Time
0.369330 0.369940 0.370570 2018-05-22 05:56:19
Want to analyze Czech Koruna/Norwegian Krone CZKNOK or another symbol? Try our Free Forex Trend Analysis Report.