Future Trend Analysis Report
Prepared for you on Sunday, December 3, 2023.
EURO/NORWEGIAN KRONE (NEW) DECEMBER 2023 (ICE:@KOL.Z23)
Crossroads (-60) - @KOL.Z23 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid @KOL.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for @KOL.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @KOL.Z23
The long-term trend has been UP since Oct 24th, 2023 at 11.7495
The intermediate-term trend has been DOWN since Nov 16th, 2023 at 11.8330
The short-term trend has been DOWN since Nov 16th, 2023 at 11.8490
Smart Scan Analysis for @KOL.Z23
Based on our trend formula, @KOL.Z23 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.985||52wk High Date||2023-11-08|
|52wk Low||11.3435||52wk Low Date||2023-10-02|