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Forex Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

Norwegian Krone/Canadian Dollar (FOREX:NOKCAD)

Crossroads (-60) - NOKCAD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.1476615 0.1482570 0.1465855 0.1469765 -0.0006850
Entry Signal

MarketClub’s Trade Triangles for NOKCAD

long term up The long-term trend has been UP since Jan 4th, 2021 at 0.1496880

intermediate term down The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 0.1481375

short term down The short-term trend has been DOWN since Feb 25th, 2021 at 0.1479315

Smart Scan Analysis for NOKCAD

Based on our trend formula, NOKCAD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for NOKCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1476615 0.1482570 0.1465855 0.1469765 -0.0006850
Prev. Close Volume Bid Ask Time
0.1476615 2021-02-26 17:11:37
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