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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Norwegian Krone/Swiss Franc (FOREX:NOKCHF)
Long-Term Downtrend (-90) - NOKCHF is in a strong downtrend that is likely to continue. While NOKCHF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 Apr 18th, 2024 at 8.129
The intermediate-term trend has been DOWN since Apr 18th, 2024 at 8.220
The short-term trend has been DOWN since Apr 11th, 2024 at 8.390
Smart Scan Analysis for NOKCHF
Based on our trend formula, NOKCHF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.19840 | 8.27270 | 8.19745 | 8.26000 | +0.06160 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.19840 | 2024-04-19 17:03:22 |