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Future Trend Analysis Report

Prepared for you on Friday, August 12, 2022.

EURO/NORWEGIAN KRONE Sep 2022 (CME:ENK.U22)

Strong Downtrend (-100) - ENK.U22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ENK.U22 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid ENK.U22?

MarketClub looks at technical strength and momentum to determine if the timing is right for ENK.U22.

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

CME_ENK.U22
Open High Low ENK.U22 Price Change
9.9245 9.9245 9.8465 9.8430 -0.1075
Entry Signal

MarketClub’s Trade Triangles for ENK.U22

long term down The long-term trend has been DOWN since Jul 25th, 2022 at 10.145

intermediate term down The intermediate-term trend has been DOWN since Jul 11th, 2022 at 10.290

short term down The short-term trend has been DOWN since Aug 10th, 2022 at 9.945

Smart Scan Analysis for ENK.U22

Based on our trend formula, ENK.U22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for ENK.U22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.9245 9.9245 9.8465 9.8430 -0.1075
Prev. Close Volume Bid Ask Time
9.8270 14 2022-08-10 17:28:40
Expiration2022-09-19Open Time18:00
Close Time17:00
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