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Forex Trend Analysis Report

Prepared for you on Friday, December 15, 2017.

Czech Koruna/Norwegian Krone (FOREX:CZKNOK)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.

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.

Open High Low CZKNOK Price Change
0.380545 0.382210 0.379590 0.382200 +0.001655
Entry Signal

MarketClub’s Trade Triangles for CZKNOK

long term up The long term trend has been UP since Mar 10th, 2017 at 0.33750

intermediate term up The intermediate term trend has been UP since Sep 11th, 2017 at 0.35795

short term down The short term trend has been DOWN since Dec 14th, 2017 at 0.38170

Smart Scan Analysis for CZKNOK

Based on a pre-defined weighted trend formula for chart analysis, CZKNOK scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for CZKNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.380545 0.382210 0.379590 0.382200 +0.001655
Prev. Close Volume Bid Ask Time
0.380545 0.381880 0.382520 2017-12-15 12:48:56
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