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Forex Trend Analysis Report
Prepared for you on Saturday, April 1, 2023.
Norwegian Krone/Czech Koruna (FOREX:NOKCZK)
Long-Term Downtrend (-90) - NOKCZK is in a strong downtrend that is likely to continue. While NOKCZK is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since Sep 29th, 2022 at 2.34685
The intermediate-term trend has been DOWN since Nov 9th, 2022 at 2.34250
The short-term trend has been DOWN since Mar 29th, 2023 at 2.08930
Smart Scan Analysis for NOKCZK
Based on our trend formula, NOKCZK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.07665 | 2.08195 | 2.05985 | 2.06705 | -0.00960 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.07665 | 2023-03-31 17:08:05 |