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Forex Trend Analysis Report

Prepared for you on Friday, March 24, 2023.

Norwegian Krone/Czech Koruna (FOREX:NOKCZK)

Strong Downtrend (-100) - NOKCZK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NOKCZK continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid NOKCZK?

MarketClub looks at technical strength and momentum to determine if the timing is right for NOKCZK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_NOKCZK
Open High Low NOKCZK Price Change
2.09770 2.10775 2.08600 2.09855 +0.00085
Entry Signal

MarketClub’s Trade Triangles for NOKCZK

long term down The long-term trend has been DOWN since Sep 29th, 2022 at 2.34685

intermediate term down The intermediate-term trend has been DOWN since Nov 9th, 2022 at 2.34250

short term down The short-term trend has been DOWN since Mar 21st, 2023 at 2.09130

Smart Scan Analysis for NOKCZK

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

-100
Smart Scan Analysis for NOKCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.09770 2.10775 2.08600 2.09855 +0.00085
Prev. Close Volume Bid Ask Time
2.09770 2023-03-24 15:27:19
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