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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Norwegian Krone/Chinese Yuan Renminbi Offshore (FOREX:NOKCNH)

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

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

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

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

FOREX_NOKCNH
Open High Low NOKCNH Price Change
0.67675 0.67675 0.67675 0.67675 0.00000
Entry Signal

MarketClub’s Trade Triangles for NOKCNH

long term up The long-term trend has been UP since Dec 21st, 2023 at 0.68925

intermediate term down The intermediate-term trend has been DOWN since Mar 27th, 2024 at 0.68900

short term down The short-term trend has been DOWN since Mar 27th, 2024 at 0.68900

Smart Scan Analysis for NOKCNH

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

-70
Smart Scan Analysis for NOKCNH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.67675 0.67675 0.67675 0.67675 0.00000
Prev. Close Volume Bid Ask Time
0.67550 2024-03-27 21:37:13
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