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Forex Trend Analysis Report

Prepared for you on Tuesday, April 20, 2021.

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
9.029795 9.144405 9.025300 9.128700 +0.098905
Entry Signal

MarketClub’s Trade Triangles for CHFNOK

long term down The long-term trend has been DOWN since Dec 27th, 2020 at 9.592928

intermediate term down The intermediate-term trend has been DOWN since Mar 4th, 2021 at 9.181005

short term down The short-term trend has been DOWN since Apr 14th, 2021 at 9.163200

Smart Scan Analysis for CHFNOK

Based on our trend formula, CHFNOK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CHFNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.029795 9.144405 9.025300 9.128700 +0.098905
Prev. Close Volume Bid Ask Time
9.029795 2021-04-20 19:48:14
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