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Forex Trend Analysis Report
Prepared for you on Friday, September 20, 2024.
Norwegian Krone/Canadian Dollar (FOREX:NOKCAD)
Strong Uptrend (+100) - NOKCAD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, NOKCAD 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 NOKCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOKCAD.
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 NOKCAD
The long-term trend has been UP since May 28th, 2024 at 0.1301595
The intermediate-term trend has been UP since Sep 18th, 2024 at 0.1292070
The short-term trend has been UP since Sep 12th, 2024 at 0.1265955
Smart Scan Analysis for NOKCAD
Based on our trend formula, NOKCAD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.1292715 | 0.1298025 | 0.1285895 | 0.1292135 | -0.0000580 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.1292715 | 2024-09-20 12:30:04 |