Forex Trend Analysis Report
Prepared for you on Tuesday, March 9, 2021.
Norwegian Krone/Czech Koruna (FOREX:NOKCZK)
Strong Uptrend (+100) - NOKCZK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, NOKCZK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for NOKCZK
The long-term trend has been UP since Oct 13th, 2020 at 2.53280
The intermediate-term trend has been UP since Feb 17th, 2021 at 2.53225
The short-term trend has been UP since Mar 2nd, 2021 at 2.54140
Smart Scan Analysis for NOKCZK
Based on our trend formula, NOKCZK is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).