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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Norwegian Krone/Czech Koruna (FOREX:NOKCZK)
Bear Market Rally (-75) - NOKCZK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NOKCZK as it may be in the beginning of a reversal.
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.
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MarketClub’s Trade Triangles for NOKCZK
The long-term trend has been DOWN since Apr 1st, 2024 at 2.14935
The intermediate-term trend has been UP since Apr 9th, 2024 at 2.19795
The short-term trend has been DOWN since Apr 15th, 2024 at 2.17685
Smart Scan Analysis for NOKCZK
Based on our trend formula, NOKCZK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.14990 | 2.15425 | 2.14505 | 2.15045 | +0.00055 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.14990 | 2024-04-19 14:18:21 |