Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Norwegian Krone/Danish Krone (FOREX:NOKDKK)
Countertrend Down (-85) - NOKDKK is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Jul 7th, 2024 at 0.648255
The short-term trend has been UP since Jul 26th, 2024 at 0.625635
Smart Scan Analysis for NOKDKK
Based on our trend formula, NOKDKK is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.623595 | 0.628605 | 0.622930 | 0.623605 | +0.000010 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.623595 | 2024-07-26 17:00:05 |