Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, July 5, 2022.

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

Long-Term Downtrend (-90) - NOKCNH is in a strong downtrend that is likely to continue. While NOKCNH is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution 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.

FOREX_NOKCNH
Open High Low NOKCNH Price Change
0.685 0.685 0.685 0.685 0.000
Entry Signal

MarketClub’s Trade Triangles for NOKCNH

long term down The long-term trend has been DOWN since Jun 22nd, 2022 at 0.69550

intermediate term down The intermediate-term trend has been DOWN since Jun 22nd, 2022 at 0.70375

short term down The short-term trend has been DOWN since Jun 22nd, 2022 at 0.70375

Smart Scan Analysis for NOKCNH

Based on our trend formula, NOKCNH is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for NOKCNH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.685 0.685 0.685 0.685 0.000
Prev. Close Volume Bid Ask Time
0.685 2022-06-27 16:42:55
Get a free daily analysis and signals for Norwegian Krone/Chinese Yuan Renminbi Offshore (NOKCNH) - Request Your Free Report.