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Forex Trend Analysis Report
Prepared for you on Monday, December 2, 2024.
Czech Koruna/Norwegian Krone (FOREX:CZKNOK)
Long-Term Downtrend (-90) - CZKNOK is in a strong downtrend that is likely to continue. While CZKNOK 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 CZKNOK?
MarketClub looks at technical strength and momentum to determine if the timing is right for CZKNOK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CZKNOK
The long-term trend has been DOWN since Nov 19th, 2024 at 0.4592760
The intermediate-term trend has been DOWN since Nov 11th, 2024 at 0.4634480
The short-term trend has been DOWN since Dec 2nd, 2024 at 0.4607755
Smart Scan Analysis for CZKNOK
Based on our trend formula, CZKNOK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.462489 | 0.462553 | 0.460730 | 0.461864 | -0.000625 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.462489 | 2024-12-02 06:30:45 |