Forex Trend Analysis Report
Prepared for you on Sunday, December 10, 2023.
Norwegian Krone/United Arab Emirates Dirham (FOREX:NOKAED)
Weak Downtrend (-65) - NOKAED is showing signs of a strengthening downtrend. Monitor NOKAED as it may be building momentum to the downside.
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 DOWN since Oct 2nd, 2023 at 0.33813406
The intermediate-term trend has been UP since Nov 14th, 2023 at 0.33360766
The short-term trend has been DOWN since Nov 30th, 2023 at 0.34208894
Smart Scan Analysis for NOKAED
Based on our trend formula, NOKAED is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).