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.
MarketClub’s Trade Triangles for NOKCHF
The long-term trend has been UP since Dec 27th, 2020 at 10.42435
The intermediate-term trend has been DOWN since Feb 28th, 2021 at 10.47000
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).