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Forex Trend Analysis Report

Prepared for you on Monday, December 9, 2024.

Norwegian Krone/Chinese Yuan Renminbi Offshore (FOREX:NOKCNH)

Weak Downtrend (-65) - NOKCNH is showing signs of a strengthening downtrend. Monitor NOKCNH as it may be building momentum to the downside.

Is it time to buy, sell, or avoid NOKCNH?

MarketClub looks at technical strength and momentum to determine if the timing is right for NOKCNH.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_NOKCNH
Open High Low NOKCNH Price Change
0.65105266 0.65521634 0.65101376 0.65517430 +0.00412200
Entry Signal

MarketClub’s Trade Triangles for NOKCNH

long term down The long-term trend has been DOWN since Jul 23rd, 2024 at 0.65915000

intermediate term up The intermediate-term trend has been UP since Nov 19th, 2024 at 0.66001215

short term down The short-term trend has been DOWN since Dec 6th, 2024 at 0.65600057

Smart Scan Analysis for NOKCNH

Based on our trend formula, NOKCNH is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for NOKCNH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.65105266 0.65521634 0.65101376 0.65517430 +0.00412200
Prev. Close Volume Bid Ask Time
0.65105266 2024-12-09 08:53:04
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