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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 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
2.16865 2.17020 2.16430 2.16460 -0.00405
Entry Signal

MarketClub’s Trade Triangles for NOKCZK

long term up The long-term trend has been UP since Dec 19th, 2023 at 2.17110

intermediate term down The intermediate-term trend has been DOWN since Mar 12th, 2024 at 2.19915

short term down The short-term trend has been DOWN since Mar 27th, 2024 at 2.17120

Smart Scan Analysis for NOKCZK

Based on our trend formula, NOKCZK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for NOKCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.16865 2.17020 2.16430 2.16460 -0.00405
Prev. Close Volume Bid Ask Time
2.16865 2024-03-28 07:47:18
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