Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Thursday, December 12, 2019.
Norwegian Krone/Czech Koruna (FOREX:NOKCZK)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
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.
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MarketClub’s Trade Triangles for NOKCZK
The long term trend has been DOWN since Aug 2nd, 2019 at 2.60500
The intermediate term trend has been DOWN since Dec 3rd, 2019 at 2.51135
The short term trend has been DOWN since Dec 10th, 2019 at 2.51580
Smart Scan Analysis for NOKCZK
Based on a pre-defined weighted trend formula for chart analysis, NOKCZK scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.5213 | 2.5268 | 2.5158 | 2.5254 | +0.0041 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.5213 | 2.5234 | 2.5274 | 2019-12-12 13:48:32 |