Future Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
EURO/NORWEGIAN KRONE (NEW) DECEMBER 2021 (ICE:@KOL.Z21)
Long-Term Downtrend (-90) - @KOL.Z21 is in a strong downtrend that is likely to continue. While @KOL.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 @KOL.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @KOL.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @KOL.Z21
The long-term trend has been DOWN since Sep 23rd, 2021 at 10.0995
The intermediate-term trend has been DOWN since Aug 25th, 2021 at 10.4070
The short-term trend has been DOWN since Oct 1st, 2021 at 10.0715
Smart Scan Analysis for @KOL.Z21
Based on our trend formula, @KOL.Z21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.319||52wk High Date||2021-09-08|
|52wk Low||9.72||52wk Low Date||2021-10-21|