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Forex Trend Analysis Report

Prepared for you on Sunday, August 18, 2019.

Norwegian Krone/Czech Koruna (FOREX:NOKCZK)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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_NOKCZK
Open High Low NOKCZK Price Change
2.58050 2.58450 2.57510 2.57595 -0.00455
Entry Signal

MarketClub’s Trade Triangles for NOKCZK

long term down The long term trend has been DOWN since Aug 2nd, 2019 at 2.60500

intermediate term down The intermediate term trend has been DOWN since Jul 30th, 2019 at 2.62670

short term down The short term trend has been DOWN since Aug 15th, 2019 at 2.57665

Smart Scan Analysis for NOKCZK

Based on a pre-defined weighted trend formula for chart analysis, NOKCZK scored -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
2.58050 2.58450 2.57510 2.57595 -0.00455
Prev. Close Volume Bid Ask Time
2.58050 2.57330 2.57860 2019-08-16 18:18:55
Want to analyze Norwegian Krone/Czech Koruna NOKCZK or another symbol? Try our Free Forex Trend Analysis Report.