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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Czech Koruna/Norwegian Krone (FOREX:CZKNOK)
Bull Market Weakness (+75) - CZKNOK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CZKNOK as it may be in the beginning stages of a reversal.
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 UP since Dec 6th, 2024 at 0.4677115
The short-term trend has been UP since Dec 16th, 2024 at 0.4684090
Smart Scan Analysis for CZKNOK
Based on our trend formula, CZKNOK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.4693835 | 0.4724070 | 0.4691695 | 0.4723575 | +0.0029740 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.4693835 | 2024-12-26 14:30:48 |