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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Norwegian Krone/Chinese Yuan Renminbi Offshore (FOREX:NOKCNH)
Sidelines Mode (+55) - NOKCNH is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Mar 5th, 2025 at 0.6615000
The intermediate-term trend has been DOWN since Apr 7th, 2025 at 0.6711888
The short-term trend has been UP since May 6th, 2025 at 0.6989304
Smart Scan Analysis for NOKCNH
Based on our trend formula, NOKCNH is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.6945450 | 0.6979541 | 0.6935961 | 0.6972384 | +0.0026930 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.6945450 | 2025-05-09 07:16:44 |