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Forex Trend Analysis Report

Prepared for you on Monday, August 19, 2019.

Czech Koruna/Norwegian Krone (FOREX:CZKNOK)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
0.388228 0.388417 0.385445 0.385497 -0.002731
Entry Signal

MarketClub’s Trade Triangles for CZKNOK

long term up The long term trend has been UP since Aug 2nd, 2019 at 0.383864

intermediate term up The intermediate term trend has been UP since Jul 30th, 2019 at 0.380715

short term up The short term trend has been UP since Aug 15th, 2019 at 0.388161

Smart Scan Analysis for CZKNOK

Based on a pre-defined weighted trend formula for chart analysis, CZKNOK scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for CZKNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.388228 0.388417 0.385445 0.385497 -0.002731
Prev. Close Volume Bid Ask Time
0.388228 0.385158 0.385835 2019-08-19 19:16:09
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