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Forex Trend Analysis Report

Prepared for you on Saturday, April 13, 2024.

Swiss Franc/Norwegian Krone (FOREX:CHFNOK)

Weak Downtrend (-65) - CHFNOK is showing signs of a strengthening downtrend. Monitor CHFNOK as it may be building momentum to the downside.

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
11.9395 11.9395 11.9395 11.9395 0.0000
Entry Signal

MarketClub’s Trade Triangles for CHFNOK

long term down The long-term trend has been DOWN since Mar 21st, 2024 at 11.778628

intermediate term down The intermediate-term trend has been DOWN since Apr 4th, 2024 at 11.771700

short term up The short-term trend has been UP since Apr 11th, 2024 at 11.906600

Smart Scan Analysis for CHFNOK

Based on our trend formula, CHFNOK is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for CHFNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.9395 11.9395 11.9395 11.9395 0.0000
Prev. Close Volume Bid Ask Time
11.9395 2024-04-13 09:47:24
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