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Forex Trend Analysis Report

Prepared for you on Sunday, May 9, 2021.

Czech Koruna/Norwegian Krone (FOREX:CZKNOK)

Bear Market Rally (-75) - CZKNOK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CZKNOK as it may be in the beginning 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.

FOREX_CZKNOK
Open High Low CZKNOK Price Change
0.3898450 0.3910695 0.3890465 0.3894285 -0.0004160
Entry Signal

MarketClub’s Trade Triangles for CZKNOK

long term down The long-term trend has been DOWN since Oct 13th, 2020 at 0.3947845

intermediate term down The intermediate-term trend has been DOWN since Feb 17th, 2021 at 0.3949030

short term down The short-term trend has been DOWN since Apr 14th, 2021 at 0.3873545

Smart Scan Analysis for CZKNOK

Based on our trend formula, CZKNOK is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for CZKNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.3898450 0.3910695 0.3890465 0.3894285 -0.0004160
Prev. Close Volume Bid Ask Time
0.3898450 2021-05-07 17:13:31
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