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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

Czech Koruna/Norwegian Krone (FOREX:CZKNOK)

Countertrend Down (-85) - CZKNOK is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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
0.3989135 0.3998030 0.3987725 0.3993140 +0.0004010
Entry Signal

MarketClub’s Trade Triangles for CZKNOK

long term down The long-term trend has been DOWN since May 11th, 2020 at 0.4005405

intermediate term down The intermediate-term trend has been DOWN since Apr 1st, 2020 at 0.4137130

short term up The short-term trend has been UP since May 21st, 2020 at 0.3994300

Smart Scan Analysis for CZKNOK

Based on our trend formula, CZKNOK is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for CZKNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.3989135 0.3998030 0.3987725 0.3993140 +0.0004010
Prev. Close Volume Bid Ask Time
0.3989135 0.3990200 0.3996080 2020-05-25 03:15:40
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