Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Norwegian Krone/United Arab Emirates Dirham (FOREX:NOKAED)
Bull Market Weakness (+75) - NOKAED is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NOKAED as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NOKAED?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOKAED.
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 NOKAED
The long-term trend has been DOWN since Apr 1st, 2024 at 0.33807454
The intermediate-term trend has been UP since May 6th, 2024 at 0.33933507
The short-term trend has been UP since May 2nd, 2024 at 0.33450501
Smart Scan Analysis for NOKAED
Based on our trend formula, NOKAED is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.33695920 | 0.33778205 | 0.33604831 | 0.33777036 | +0.00081100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.33695920 | 2024-05-09 10:15:36 |