Future Trend Analysis Report
Prepared for you on Monday, November 30, 2020.
EURO/NORWEGIAN KRONE (NEW) DECEMBER 2020 (ICE:@KOL.Z20)
Sidelines Mode (+55) - @KOL.Z20 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid @KOL.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for @KOL.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @KOL.Z20
The long-term trend has been UP since Sep 21st, 2020 at 10.9430
The intermediate-term trend has been DOWN since Nov 9th, 2020 at 10.8825
The short-term trend has been UP since Nov 30th, 2020 at 10.5750
Smart Scan Analysis for @KOL.Z20
Based on our trend formula, @KOL.Z20 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.2135||52wk High Date||2020-10-29|
|52wk Low||10.551||52wk Low Date||2020-11-27|