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Forex Trend Analysis Report

Prepared for you on Wednesday, August 10, 2022.

Norwegian Krone/Canadian Dollar (FOREX:NOKCAD)

Bull Market Weakness (+75) - NOKCAD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NOKCAD as it may be in the beginning stages of a reversal.

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.

FOREX_NOKCAD
Open High Low NOKCAD Price Change
0.1324885 0.1326685 0.1323950 0.1325895 +0.0001010
Entry Signal

MarketClub’s Trade Triangles for NOKCAD

long term down The long-term trend has been DOWN since Nov 26th, 2021 at 0.1401220

intermediate term up The intermediate-term trend has been UP since Jul 27th, 2022 at 0.1310790

short term up The short-term trend has been UP since Aug 8th, 2022 at 0.1324335

Smart Scan Analysis for NOKCAD

Based on our trend formula, NOKCAD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for NOKCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1324885 0.1326685 0.1323950 0.1325895 +0.0001010
Prev. Close Volume Bid Ask Time
0.1324885 2022-08-10 03:44:57
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