Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

EURO/NORWEGIAN KRONE Dec 2021 (CME:ENK.Z21)

Long-Term Downtrend (-90) - ENK.Z21 is in a strong downtrend that is likely to continue. While ENK.Z21 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid ENK.Z21?

MarketClub looks at technical strength and momentum to determine if the timing is right for ENK.Z21.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_ENK.Z21
Open High Low ENK.Z21 Price Change
9.7230 9.7405 9.7165 9.7410 +0.0185
Entry Signal

MarketClub’s Trade Triangles for ENK.Z21

long term down The long-term trend has been DOWN since Sep 13th, 2021 at 10.3125

intermediate term down The intermediate-term trend has been DOWN since Sep 13th, 2021 at 10.3125

short term down The short-term trend has been DOWN since Oct 1st, 2021 at 10.1220

Smart Scan Analysis for ENK.Z21

Based on our trend formula, ENK.Z21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for ENK.Z21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.7230 9.7405 9.7165 9.7410 +0.0185
Prev. Close Volume Bid Ask Time
9.7405 33 2021-10-21 11:48:04
Expiration2021-12-13Open Time18:00
Close Time17:00
Get a free daily analysis and signals for EURO/NORWEGIAN KRONE Dec 2021 (ENK.Z21) - Request Your Free Report.