Forex Trend Analysis Report
Prepared for you on Sunday, December 5, 2021.
Norwegian Krone/Czech Koruna (FOREX:NOKCZK)
Strong Downtrend (-100) - NOKCZK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. 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.
MarketClub’s Trade Triangles for NOKCZK
The long-term trend has been DOWN since Dec 3rd, 2021 at 2.45740
The intermediate-term trend has been DOWN since Nov 5th, 2021 at 2.55435
The short-term trend has been DOWN since Nov 26th, 2021 at 2.51690
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).