Forex Trend Analysis Report

Prepared for you on Saturday, March 25, 2023.

Norwegian Krone/Chinese Yuan Renminbi (FOREX:NOKCNY)

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

Is it time to buy, sell, or avoid NOKCNY?

MarketClub looks at technical strength and momentum to determine if the timing is right for NOKCNY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open	High	Low	NOKCNY Price	Change
0.65911662	0.65957964	0.65150926	0.65490961	-0.00420700
Entry Signal

MarketClub’s Trade Triangles for NOKCNY

The long-term trend has been DOWN since Feb 3rd, 2023 at 0.66685209

The intermediate-term trend has been DOWN since Dec 7th, 2022 at 0.69595730

The short-term trend has been UP since Mar 21st, 2023 at 0.64664434

Smart Scan Analysis for NOKCNY

Based on our trend formula, NOKCNY 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
0.65911662	0.65957964	0.65150926	0.65490961	-0.00420700
Prev. Close	Volume	Bid	Ask	Time
0.65911662				2023-03-24 16:43:31

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