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.
MarketClub’s Trade Triangles for CZKNOK
The long-term trend has been UP since May 18th, 2022 at 0.4195490
The intermediate-term trend has been DOWN since Jul 19th, 2022 at 0.4132810
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).