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Prepared for you on Wednesday, August 17, 2022.

EURO/NORWEGIAN KRONE (NEW) DEC 22/MAR 23 (ICE:@[email protected])

Long-Term Downtrend (-90) - @[email protected] is in a strong downtrend that is likely to continue. While @[email protected] 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 @[email protected]?

MarketClub looks at technical strength and momentum to determine if the timing is right for @[email protected]

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ICE_@KOL.Z22-@KOL.H23
Open High Low @[email protected] Price Change
0.0535 0.0535 0.0535 0.0535 0.0000
Entry Signal

MarketClub’s Trade Triangles for @[email protected]

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for @[email protected]

Based on our trend formula, @[email protected] is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for @KOL.Z22-@KOL.H23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0535 0.0535 0.0535 0.0535 0.0000
Prev. Close Volume Bid Ask Time
0.0555 0 2022-08-11 00:00:00
Expiration2023-03-13
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