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Forex Trend Analysis Report

Prepared for you on Saturday, February 22, 2025.

Hong Kong Dollar/Norwegian Krone (FOREX:HKDNOK)

Crossroads (-60) - HKDNOK 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 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
142.8365 143.5660 142.6665 143.4625 +0.6260
Entry Signal

MarketClub’s Trade Triangles for HKDNOK

long term up The long-term trend has been UP since Apr 1st, 2024 at 138.9540

intermediate term down The intermediate-term trend has been DOWN since Jan 22nd, 2025 at 144.3905

short term down The short-term trend has been DOWN since Feb 20th, 2025 at 142.6400

Smart Scan Analysis for HKDNOK

Based on our trend formula, HKDNOK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for HKDNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
142.8365 143.5660 142.6665 143.4625 +0.6260
Prev. Close Volume Bid Ask Time
142.8365 2025-02-21 17:02:58
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