Forex Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
Norwegian Krone/United Arab Emirates Dirham (FOREX:NOKAED)
Strong Uptrend (+100) - NOKAED is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, NOKAED continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for NOKAED
The long-term trend has been UP since Oct 8th, 2021 at 0.42941793
The intermediate-term trend has been UP since Oct 8th, 2021 at 0.42941793
The short-term trend has been UP since Oct 13th, 2021 at 0.43149469
Smart Scan Analysis for NOKAED
Based on our trend formula, NOKAED is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).