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Forex Trend Analysis Report

Prepared for you on Tuesday, October 26, 2021.

Czech Koruna/Norwegian Krone (FOREX:CZKNOK)

Long-Term Downtrend (-90) - CZKNOK is in a strong downtrend that is likely to continue. While CZKNOK is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
0.3764005 0.3778775 0.3761745 0.3776475 +0.0012470
Entry Signal

MarketClub’s Trade Triangles for CZKNOK

long term down The long-term trend has been DOWN since Sep 26th, 2021 at 0.3948815

intermediate term down The intermediate-term trend has been DOWN since Aug 24th, 2021 at 0.4076910

short term down The short-term trend has been DOWN since Oct 11th, 2021 at 0.3873390

Smart Scan Analysis for CZKNOK

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

-90
Smart Scan Analysis for CZKNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.3764005 0.3778775 0.3761745 0.3776475 +0.0012470
Prev. Close Volume Bid Ask Time
0.3764005 2021-10-26 06:47:52
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