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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.
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MarketClub’s Trade Triangles for NOKCZK
The long-term trend has been DOWN since Sep 29th, 2022 at 2.34685
The intermediate-term trend has been DOWN since Nov 9th, 2022 at 2.34250
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).
| 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 |