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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Norwegian Krone/Chinese Yuan Renminbi Offshore (FOREX:NOKCNH)
Strong Downtrend (-100) - NOKCNH is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NOKCNH continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for NOKCNH
The long-term trend has been DOWN since Apr 19th, 2024 at 0.67675
The intermediate-term trend has been DOWN since Mar 27th, 2024 at 0.68900
The short-term trend has been DOWN since Mar 27th, 2024 at 0.68900
Smart Scan Analysis for NOKCNH
Based on our trend formula, NOKCNH is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.66975 | 0.66975 | 0.66975 | 0.66975 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.66975 | 2024-04-19 17:24:31 |