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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.

FOREX_CZKNOK
Open High Low CZKNOK Price Change
0.3969460 0.3970255 0.3955540 0.3961405 -0.0008060
Entry Signal

MarketClub’s Trade Triangles for CZKNOK

long term up The long term trend has been UP since Aug 2nd, 2019 at 0.3838640

intermediate term up The intermediate term trend has been UP since Jan 13th, 2020 at 0.3922085

short term up 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).

+100
Smart Scan Analysis for CZKNOK
Strong Downtrend Sideways 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
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