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Forex Trend Analysis Report

Prepared for you on Wednesday, January 22, 2025.

Norwegian Krone/Czech Koruna (FOREX:NOKCZK)

Sidelines Mode (+55) - NOKCZK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
2.1346 2.1436 2.1315 2.1407 +0.0061
Entry Signal

MarketClub’s Trade Triangles for NOKCZK

long term up The long-term trend has been UP since Nov 19th, 2024 at 2.17730

intermediate term up The intermediate-term trend has been UP since Jan 2nd, 2025 at 2.15385

short term down The short-term trend has been DOWN since Jan 17th, 2025 at 2.15250

Smart Scan Analysis for NOKCZK

Based on our trend formula, NOKCZK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for NOKCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.1346 2.1436 2.1315 2.1407 +0.0061
Prev. Close Volume Bid Ask Time
2.1346 2025-01-22 20:31:12
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