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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

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

Crossroads (+60) - NOKCNH is struggling to move into a solid trend. Beware of choppy markets 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.

FOREX_NOKCNH
Open High Low NOKCNH Price Change
0.65916041 0.65950018 0.65798471 0.65798471 -0.00117600
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 up The short-term trend has been UP since Nov 18th, 2024 at 0.65472269

Smart Scan Analysis for NOKCNH

Based on our trend formula, NOKCNH is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for NOKCNH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.65916041 0.65950018 0.65798471 0.65798471 -0.00117600
Prev. Close Volume Bid Ask Time
0.65916041 2024-11-20 03:34:35
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