Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

Norwegian Krone/Swiss Franc (FOREX:NOKCHF)

Crossroads (+60) - NOKCHF 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 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.

FOREX_NOKCHF
Open High Low NOKCHF Price Change
10.53485 10.67755 10.52000 10.67755 +0.14270
Entry Signal

MarketClub’s Trade Triangles for NOKCHF

long term up The long-term trend has been UP since Dec 27th, 2020 at 10.42435

intermediate term down The intermediate-term trend has been DOWN since Feb 28th, 2021 at 10.47000

short term down The short-term trend has been DOWN since Feb 26th, 2021 at 10.55905

Smart Scan Analysis for NOKCHF

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

+60
Smart Scan Analysis for NOKCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.53485 10.67755 10.52000 10.67755 +0.14270
Prev. Close Volume Bid Ask Time
10.53485 2021-03-01 11:28:03
Get a free daily analysis and signals for Norwegian Krone/Swiss Franc (NOKCHF) - Request Your Free Report.