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Future Trend Analysis Report

Prepared for you on Sunday, December 3, 2023.

EURO/NORWEGIAN KRONE Dec 2023 (CME:ENK.Z23)

Weak Downtrend (-65) - ENK.Z23 is showing signs of a strengthening downtrend. Monitor ENK.Z23 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid ENK.Z23?

MarketClub looks at technical strength and momentum to determine if the timing is right for ENK.Z23.

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

CME_ENK.Z23
Open High Low ENK.Z23 Price Change
11.6870 11.7555 11.6870 11.6020 +0.0355
Entry Signal

MarketClub’s Trade Triangles for ENK.Z23

long term up The long-term trend has been UP since Oct 18th, 2023 at 11.6020

intermediate term down The intermediate-term trend has been DOWN since Nov 15th, 2023 at 11.7185

short term down The short-term trend has been DOWN since Nov 30th, 2023 at 11.7140

Smart Scan Analysis for ENK.Z23

Based on our trend formula, ENK.Z23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for ENK.Z23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.6870 11.7555 11.6870 11.6020 +0.0355
Prev. Close Volume Bid Ask Time
11.7030 149 2023-11-30 10:57:23
Expiration2023-12-18Open Time18:00
Close Time17:00
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