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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.

FOREX_NOKCHF
Open High Low NOKCHF Price Change
10.12165 10.14440 10.10295 10.12300 +0.00135
Entry Signal

MarketClub’s Trade Triangles for NOKCHF

long term down The long-term trend has been DOWN since Jan 27th, 2020 at 10.696

intermediate term up The intermediate-term trend has been UP since May 5th, 2020 at 9.490

short term up 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).

+60
Smart Scan Analysis for NOKCHF
Strong Downtrend Sideways 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
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