Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

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

Bear Market Rally (-75) - NOKCNH is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NOKCNH as it may be in the beginning of a reversal.

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.

Open	High	Low	NOKCNH Price	Change
0.65808247	0.66712888	0.65770740	0.66712888	+0.00904600
Entry Signal

MarketClub’s Trade Triangles for NOKCNH

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

The intermediate-term trend has been DOWN since Jul 9th, 2024 at 0.67716180

The short-term trend has been UP since Jul 26th, 2024 at 0.66530746

Smart Scan Analysis for NOKCNH

Based on our trend formula, NOKCNH is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.65808247	0.66712888	0.65770740	0.66712888	+0.00904600
Prev. Close	Volume	Bid	Ask	Time
0.65808247				2024-07-26 20:54:10

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