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Forex Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

Norwegian Krone/Czech Koruna (FOREX:NOKCZK)

Weak Uptrend (+65) - NOKCZK is showing signs of weakening momentum to the upside. Monitor NOKCZK as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid NOKCZK?

MarketClub looks at technical strength and momentum to determine if the timing is right for NOKCZK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_NOKCZK
Open High Low NOKCZK Price Change
2.48330 2.49105 2.48015 2.48665 +0.00335
Entry Signal

MarketClub’s Trade Triangles for NOKCZK

long term up The long-term trend has been UP since Oct 13th, 2020 at 2.53280

intermediate term down The intermediate-term trend has been DOWN since Oct 29th, 2020 at 2.45690

short term up The short-term trend has been UP since Dec 3rd, 2020 at 2.48875

Smart Scan Analysis for NOKCZK

Based on our trend formula, NOKCZK is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for NOKCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.48330 2.49105 2.48015 2.48665 +0.00335
Prev. Close Volume Bid Ask Time
2.48330 2020-12-04 09:42:35
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