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Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Norwegian Krone/Israeli Shekel (FOREX:NOKILS)

Long-Term Downtrend (-90) - NOKILS is in a strong downtrend that is likely to continue. While NOKILS is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid NOKILS?

MarketClub looks at technical strength and momentum to determine if the timing is right for NOKILS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_NOKILS
Open High Low NOKILS Price Change
0.34067210 0.34230726 0.34050207 0.34191145 +0.00123900
Entry Signal

MarketClub’s Trade Triangles for NOKILS

long term down The long-term trend has been DOWN since Nov 7th, 2023 at 0.34900171

intermediate term down The intermediate-term trend has been DOWN since Apr 30th, 2024 at 0.33943197

short term down The short-term trend has been DOWN since May 7th, 2024 at 0.33804751

Smart Scan Analysis for NOKILS

Based on our trend formula, NOKILS is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for NOKILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.34067210 0.34230726 0.34050207 0.34191145 +0.00123900
Prev. Close Volume Bid Ask Time
0.34067210 2024-05-09 07:40:46
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