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Forex Trend Analysis Report

Prepared for you on Sunday, July 3, 2022.

Swiss Franc/Norwegian Krone (FOREX:CHFNOK)

Long-Term Uptrend (+90) - CHFNOK is in a strong uptrend that is likely to continue. While CHFNOK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid CHFNOK?

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

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

FOREX_CHFNOK
Open High Low CHFNOK Price Change
10.354391 10.357050 10.333621 10.338901 -0.015490
Entry Signal

MarketClub’s Trade Triangles for CHFNOK

long term up The long-term trend has been UP since May 12th, 2022 at 9.857000

intermediate term up The intermediate-term trend has been UP since Jun 16th, 2022 at 10.072614

short term up The short-term trend has been UP since Jun 29th, 2022 at 10.384590

Smart Scan Analysis for CHFNOK

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

+90
Smart Scan Analysis for CHFNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.354391 10.357050 10.333621 10.338901 -0.015490
Prev. Close Volume Bid Ask Time
10.354391 2022-07-03 17:25:35
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