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Forex Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

Czech Koruna/Norwegian Krone (FOREX:CZKNOK)

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

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

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

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

FOREX_CZKNOK
Open High Low CZKNOK Price Change
0.4028070 0.4039355 0.4004175 0.4016795 -0.0011280
Entry Signal

MarketClub’s Trade Triangles for CZKNOK

long term up The long-term trend has been UP since May 18th, 2022 at 0.4195490

intermediate term down The intermediate-term trend has been DOWN since Jul 19th, 2022 at 0.4132810

short term down The short-term trend has been DOWN since Aug 10th, 2022 at 0.4043055

Smart Scan Analysis for CZKNOK

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

-70
Smart Scan Analysis for CZKNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.4028070 0.4039355 0.4004175 0.4016795 -0.0011280
Prev. Close Volume Bid Ask Time
0.4028070 2022-08-18 05:56:58
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