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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Norwegian Krone/Czech Koruna (FOREX:NOKCZK)
Long-Term Uptrend (+90) - NOKCZK is in a strong uptrend that is likely to continue. While NOKCZK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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MarketClub’s Trade Triangles for NOKCZK
The long-term trend has been UP since Nov 19th, 2024 at 2.1773
The intermediate-term trend has been UP since Nov 11th, 2024 at 2.1577
The short-term trend has been UP since Nov 5th, 2024 at 2.1240
Smart Scan Analysis for NOKCZK
Based on our trend formula, NOKCZK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.17280 | 2.17385 | 2.17125 | 2.17260 | -0.00020 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.17280 | 2024-11-20 03:23:25 |