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Forex Trend Analysis Report

Prepared for you on Wednesday, November 25, 2020.

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
0.4044990 0.4057030 0.4024850 0.4031885 -0.0013100
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 up The intermediate-term trend has been UP since Oct 29th, 2020 at 0.4070070

short term down The short-term trend has been DOWN since Nov 17th, 2020 at 0.4053540

Smart Scan Analysis for CZKNOK

Based on our trend formula, CZKNOK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for CZKNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.4044990 0.4057030 0.4024850 0.4031885 -0.0013100
Prev. Close Volume Bid Ask Time
0.4044990 2020-11-25 09:23:13
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