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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Norwegian Krone/Singapore Dollar (FOREX:NOKSGD)
Bear Market Rally (-75) - NOKSGD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NOKSGD as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid NOKSGD?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOKSGD.
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 NOKSGD
The long-term trend has been DOWN since Apr 1st, 2024 at 0.1241485
The intermediate-term trend has been DOWN since Mar 12th, 2024 at 0.1264580
The short-term trend has been DOWN since May 8th, 2024 at 0.1238645
Smart Scan Analysis for NOKSGD
Based on our trend formula, NOKSGD is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.1243270 | 0.1243585 | 0.1241760 | 0.1242740 | -0.0000530 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.1243270 | 2024-05-09 04:26:34 |