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Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
Norwegian Krone/Swiss Franc (FOREX:NOKCHF)
Bear Market Rally (-75) - NOKCHF is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NOKCHF as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid NOKCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOKCHF.
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 NOKCHF
The long-term trend has been DOWN since Jul 22nd, 2024 at 8.1258
The intermediate-term trend has been DOWN since Oct 16th, 2024 at 7.9200
The short-term trend has been UP since Oct 23rd, 2024 at 7.9407
Smart Scan Analysis for NOKCHF
Based on our trend formula, NOKCHF is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.91215 | 7.95000 | 7.88905 | 7.90000 | -0.01215 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.91215 | 2024-10-25 17:06:35 |