Forex Trend Analysis Report
Prepared for you on Thursday, March 28, 2024.
Norwegian Krone/US Dollar (FOREX:NOKUSD)
Crossroads (-60) - NOKUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid NOKUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOKUSD.
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 NOKUSD
The long-term trend has been UP since Dec 19th, 2023 at 0.09701679
The intermediate-term trend has been DOWN since Mar 18th, 2024 at 0.09396338
The short-term trend has been DOWN since Mar 27th, 2024 at 0.09334200
Smart Scan Analysis for NOKUSD
Based on our trend formula, NOKUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.0926690 | 0.0927240 | 0.0921065 | 0.0923225 | -0.0003460 |
Prev. Close | Volume | Bid | Ask | Time |
0.0926690 | 2024-03-28 11:43:50 |