Forex Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
Norwegian Krone/Swiss Franc (FOREX:NOKCHF)
Bull Market Weakness (+75) - NOKCHF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NOKCHF as it may be in the beginning stages 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.
MarketClub’s Trade Triangles for NOKCHF
The long-term trend has been UP since Oct 8th, 2021 at 10.83475
The intermediate-term trend has been UP since Aug 27th, 2021 at 10.45000
The short-term trend has been DOWN since Oct 22nd, 2021 at 10.96000
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).