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Forex Trend Analysis Report

Prepared for you on Wednesday, January 19, 2022.

Norwegian Krone/Czech Koruna (FOREX:NOKCZK)

Long-Term Downtrend (-90) - NOKCZK is in a strong downtrend that is likely to continue. While NOKCZK is showing intraday strength, it remains in the confines of a bearish trend. 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
2.4458 2.4509 2.4343 2.4384 -0.0074
Entry Signal

MarketClub’s Trade Triangles for NOKCZK

long term down The long-term trend has been DOWN since Dec 3rd, 2021 at 2.45740

intermediate term down The intermediate-term trend has been DOWN since Nov 5th, 2021 at 2.55435

short term down The short-term trend has been DOWN since Jan 17th, 2022 at 2.44440

Smart Scan Analysis for NOKCZK

Based on our trend formula, NOKCZK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for NOKCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.4458 2.4509 2.4343 2.4384 -0.0074
Prev. Close Volume Bid Ask Time
2.4458 2022-01-19 21:07:17
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