Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Monday, December 30, 2024.
Norwegian Krone/Chinese Yuan Renminbi Offshore (FOREX:NOKCNH)
Countertrend Down (-85) - NOKCNH is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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 Jul 23rd, 2024 at 0.65915000
The intermediate-term trend has been DOWN since Dec 18th, 2024 at 0.64528061
The short-term trend has been UP since Dec 25th, 2024 at 0.64688221
Smart Scan Analysis for NOKCNH
Based on our trend formula, NOKCNH is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.64376520 | 0.64519749 | 0.64264198 | 0.64314066 | -0.00062500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.64376520 | 2024-12-30 10:58:34 |