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Forex Trend Analysis Report

Prepared for you on Thursday, August 17, 2017.

Czech Koruna/Norwegian Krone (FOREX:CZKNOK)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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.

FOREX_CZKNOK
Open High Low CZKNOK Price Change
0.357680 0.358715 0.356510 0.358200 +0.000520
Entry Signal

MarketClub’s Trade Triangles for CZKNOK

long term up The long term trend has been UP since Mar 10th, 2017 at 0.337500

intermediate term down The intermediate term trend has been DOWN since Jul 17th, 2017 at 0.359420

short term down The short term trend has been DOWN since Aug 15th, 2017 at 0.357335

Smart Scan Analysis for CZKNOK

Based on a pre-defined weighted trend formula for chart analysis, CZKNOK scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for CZKNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.357680 0.358715 0.356510 0.358200 +0.000520
Prev. Close Volume Bid Ask Time
0.357680 0.357900 0.358500 2017-08-17 15:13:50
Want to analyze Czech Koruna/Norwegian Krone CZKNOK or another symbol? Try our Free Forex Trend Analysis Report.