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Forex Trend Analysis Report
Prepared for you on Thursday, June 4, 2020.
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.
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MarketClub’s Trade Triangles for NOKCHF
The long-term trend has been DOWN since Jan 27th, 2020 at 10.696
The intermediate-term trend has been UP since May 5th, 2020 at 9.490
The short-term trend has been UP since May 26th, 2020 at 9.725
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10.12165 | 10.14440 | 10.10295 | 10.12300 | +0.00135 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10.12165 | 10.09300 | 10.15300 | 2020-06-04 04:33:19 |