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Forex Trend Analysis Report

Prepared for you on Sunday, April 21, 2024.

Norwegian Krone/Czech Koruna (FOREX:NOKCZK)

Weak Downtrend (-65) - NOKCZK is showing signs of a strengthening downtrend. Monitor NOKCZK as it may be building momentum to the downside.

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
2.14990 2.15425 2.14505 2.15095 +0.00105
Entry Signal

MarketClub’s Trade Triangles for NOKCZK

long term down The long-term trend has been DOWN since Apr 1st, 2024 at 2.14935

intermediate term up The intermediate-term trend has been UP since Apr 9th, 2024 at 2.19795

short term down The short-term trend has been DOWN since Apr 15th, 2024 at 2.17685

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
2.14990 2.15425 2.14505 2.15095 +0.00105
Prev. Close Volume Bid Ask Time
2.14990 2024-04-19 17:01:59
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