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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.

FOREX_CZKNOK
Open High Low CZKNOK Price Change
0.4693835 0.4724070 0.4691695 0.4723575 +0.0029740
Entry Signal

MarketClub’s Trade Triangles for CZKNOK

long term down The long-term trend has been DOWN since Nov 19th, 2024 at 0.4592760

intermediate term up The intermediate-term trend has been UP since Dec 6th, 2024 at 0.4677115

short term up 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).

+70
Smart Scan Analysis for CZKNOK
Strong Downtrend Sideways 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
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