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Forex Trend Analysis Report

Prepared for you on Thursday, June 4, 2020.

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

Strong Uptrend (+100) - NOKCNH is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, NOKCNH continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
0.7545 0.7545 0.7545 0.7545 0.0000
Entry Signal

MarketClub’s Trade Triangles for NOKCNH

long term up The long-term trend has been UP since Jun 3rd, 2020 at 0.75075

intermediate term up The intermediate-term trend has been UP since May 1st, 2020 at 0.69100

short term up The short-term trend has been UP since May 13th, 2020 at 0.69700

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).

+100
Smart Scan Analysis for NOKCNH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7545 0.7545 0.7545 0.7545 0.0000
Prev. Close Volume Bid Ask Time
0.7545 0.7530 0.7560 2020-06-03 13:39:43
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