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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Norwegian Krone/United Arab Emirates Dirham (FOREX:NOKAED)
Countertrend Up (+85) - NOKAED is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid NOKAED?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOKAED.
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 NOKAED
The long-term trend has been UP since Mar 5th, 2025 at 0.33337980
The intermediate-term trend has been UP since May 6th, 2025 at 0.35564120
The short-term trend has been DOWN since May 8th, 2025 at 0.35280565
Smart Scan Analysis for NOKAED
Based on our trend formula, NOKAED is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.35144816 | 0.35369246 | 0.35144816 | 0.35369246 | +0.00224400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.35144816 | 2025-05-09 07:13:37 |