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Forex Trend Analysis Report
Prepared for you on Wednesday, January 22, 2025.
Norwegian Krone/Czech Koruna (FOREX:NOKCZK)
Sidelines Mode (+55) - NOKCZK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for NOKCZK
The long-term trend has been UP since Nov 19th, 2024 at 2.17730
The intermediate-term trend has been UP since Jan 2nd, 2025 at 2.15385
The short-term trend has been DOWN since Jan 17th, 2025 at 2.15250
Smart Scan Analysis for NOKCZK
Based on our trend formula, NOKCZK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.1346 | 2.1436 | 2.1315 | 2.1407 | +0.0061 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.1346 | 2025-01-22 20:31:12 |