Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Norwegian Krone/Canadian Dollar (FOREX:NOKCAD)

Weak Downtrend (-65) - NOKCAD is showing signs of a strengthening downtrend. Monitor NOKCAD as it may be building momentum to the downside.

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

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

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

FOREX_NOKCAD
Open High Low NOKCAD Price Change
0.1258335 0.1258865 0.1252965 0.1253105 -0.0005230
Entry Signal

MarketClub’s Trade Triangles for NOKCAD

long term up The long-term trend has been UP since Dec 18th, 2023 at 0.1289990

intermediate term down The intermediate-term trend has been DOWN since Mar 15th, 2024 at 0.1276005

short term down The short-term trend has been DOWN since Mar 11th, 2024 at 0.1287770

Smart Scan Analysis for NOKCAD

Based on our trend formula, NOKCAD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for NOKCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1258335 0.1258865 0.1252965 0.1253105 -0.0005230
Prev. Close Volume Bid Ask Time
0.1258335 2024-03-28 08:01:49
Get a free daily analysis and signals for Norwegian Krone/Canadian Dollar (NOKCAD) - Request Your Free Report.