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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.

FOREX_NOKCZK
Open High Low NOKCZK Price Change
2.47290 2.47720 2.44575 2.44880 -0.02410
Entry Signal

MarketClub’s Trade Triangles for NOKCZK

long term down The long-term trend has been DOWN since Dec 3rd, 2021 at 2.45740

intermediate term down The intermediate-term trend has been DOWN since Nov 5th, 2021 at 2.55435

short term down 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).

-100
Smart Scan Analysis for NOKCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.47290 2.47720 2.44575 2.44880 -0.02410
Prev. Close Volume Bid Ask Time
2.47290 2021-12-03 17:02:49
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