Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Norwegian Krone/Danish Krone (FOREX:NOKDKK)
Crossroads (+60) - NOKDKK 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 NOKDKK?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOKDKK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for NOKDKK
The long-term trend has been DOWN since Jul 19th, 2024 at 0.628145
The intermediate-term trend has been UP since Nov 15th, 2024 at 0.637640
The short-term trend has been UP since Nov 6th, 2024 at 0.624855
Smart Scan Analysis for NOKDKK
Based on our trend formula, NOKDKK is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.64105 | 0.64147 | 0.64074 | 0.64096 | -0.00009 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.64105 | 2024-11-20 03:34:00 |