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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Czech Koruna/Norwegian Krone (FOREX:CZKNOK)
Long-Term Uptrend (+90) - CZKNOK is in a strong uptrend that is likely to continue. While CZKNOK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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MarketClub’s Trade Triangles for CZKNOK
The long-term trend has been UP since Apr 1st, 2024 at 0.4652505
The intermediate-term trend has been UP since Jul 15th, 2024 at 0.4625685
The short-term trend has been UP since Jul 25th, 2024 at 0.4742210
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.4719475 | 0.4723950 | 0.4697240 | 0.4720620 | +0.0001140 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.4719475 | 2024-07-26 16:59:43 |