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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Norwegian Krone/Canadian Dollar (FOREX:NOKCAD)
Weak Downtrend (-65) - NOKCAD is showing signs of a strengthening downtrend. Monitor NOKCAD as it may be building momentum to the downside.
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 DOWN since Nov 5th, 2024 at 0.1248260
The intermediate-term trend has been DOWN since Oct 9th, 2024 at 0.1268105
The short-term trend has been UP since Nov 15th, 2024 at 0.1265065
Smart Scan Analysis for NOKCAD
Based on our trend formula, NOKCAD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.1270380 | 0.1270985 | 0.1268235 | 0.1268395 | -0.0001990 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.1270380 | 2024-11-20 03:39:06 |