Free Daily Analysis

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.

FOREX_HKDNOK
Open High Low HKDNOK Price Change
136.4620 136.8020 136.3115 136.6370 +0.1750
Entry Signal

MarketClub’s Trade Triangles for HKDNOK

long term down The long-term trend has been DOWN since Dec 14th, 2023 at 134.1980

intermediate term up The intermediate-term trend has been UP since Mar 15th, 2024 at 135.9215

short term up 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).

+70
Smart Scan Analysis for HKDNOK
Strong Downtrend Sideways 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
Get a free daily analysis and signals for Hong Kong Dollar/Norwegian Krone (HKDNOK) - Request Your Free Report.