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Forex Trend Analysis Report
Prepared for you on Friday, October 11, 2024.
Hong Kong Dollar/Norwegian Krone (FOREX:HKDNOK)
Long-Term Uptrend (+90) - HKDNOK is in a strong uptrend that is likely to continue. While HKDNOK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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MarketClub’s Trade Triangles for HKDNOK
The long-term trend has been UP since Apr 1st, 2024 at 138.954
The intermediate-term trend has been UP since Oct 8th, 2024 at 137.833
The short-term trend has been UP since Sep 26th, 2024 at 136.068
Smart Scan Analysis for HKDNOK
Based on our trend formula, HKDNOK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 138.1230 | 138.1505 | 138.0695 | 138.1405 | +0.0175 |
| Prev. Close | Volume | Bid | Ask | Time |
| 138.1230 | 2024-10-11 00:29:40 |