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Forex Trend Analysis Report
Prepared for you on Wednesday, January 22, 2020.
Czech Koruna/Norwegian Krone (FOREX:CZKNOK)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
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MarketClub’s Trade Triangles for CZKNOK
The long term trend has been UP since Aug 2nd, 2019 at 0.3838640
The intermediate term trend has been UP since Jan 13th, 2020 at 0.3922085
The short term trend has been UP since Jan 21st, 2020 at 0.3957015
Smart Scan Analysis for CZKNOK
Based on a pre-defined weighted trend formula for chart analysis, CZKNOK scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.3969460 | 0.3970255 | 0.3955540 | 0.3961405 | -0.0008060 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.3969460 | 0.3958230 | 0.3964580 | 2020-01-22 08:41:51 |