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Forex Trend Analysis Report

Prepared for you on Saturday, November 16, 2019.

Czech Koruna/Norwegian Krone (FOREX:CZKNOK)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_CZKNOK
Open High Low CZKNOK Price Change
0.3938215 0.3943900 0.3918210 0.3922645 -0.0015570
Entry Signal

MarketClub’s Trade Triangles for CZKNOK

long term up The long term trend has been UP since Aug 2nd, 2019 at 0.3838640

intermediate term down The intermediate term trend has been DOWN since Nov 14th, 2019 at 0.3938990

short term down The short term trend has been DOWN since Nov 14th, 2019 at 0.3943785

Smart Scan Analysis for CZKNOK

Based on a pre-defined weighted trend formula for chart analysis, CZKNOK scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for CZKNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.3938215 0.3943900 0.3918210 0.3922645 -0.0015570
Prev. Close Volume Bid Ask Time
0.3938215 0.3916360 0.3928930 2019-11-15 16:59:53
Want to analyze Czech Koruna/Norwegian Krone CZKNOK or another symbol? Try our Free Forex Trend Analysis Report.