Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
Hong Kong Dollar/Norwegian Krone (FOREX:HKDNOK)
Bull Market Weakness (+75) - HKDNOK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HKDNOK as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid HKDNOK?
MarketClub looks at technical strength and momentum to determine if the timing is right for HKDNOK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
MarketClub’s Trade Triangles for HKDNOK
The long-term trend has been DOWN since Dec 14th, 2023 at 134.1980
The intermediate-term trend has been UP since Mar 15th, 2024 at 135.9215
The short-term trend has been UP since Mar 12th, 2024 at 134.1620
Smart Scan Analysis for HKDNOK
Based on our trend formula, HKDNOK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
136.4620 | 136.8020 | 136.3115 | 136.6370 | +0.1750 |
Prev. Close | Volume | Bid | Ask | Time |
136.4620 | 2024-03-19 02:56:37 |