Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

Norwegian Krone/Danish Krone (FOREX:NOKDKK)

Weak Downtrend (-65) - NOKDKK is showing signs of a strengthening downtrend. Monitor NOKDKK as it may be building momentum to the downside.

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.

FOREX_NOKDKK
Open High Low NOKDKK Price Change
0.715700 0.720765 0.710180 0.711740 -0.003960
Entry Signal

MarketClub’s Trade Triangles for NOKDKK

long term up The long-term trend has been UP since Jan 4th, 2021 at 0.712185

intermediate term down The intermediate-term trend has been DOWN since Feb 26th, 2021 at 0.712825

short term down The short-term trend has been DOWN since Feb 25th, 2021 at 0.717895

Smart Scan Analysis for NOKDKK

Based on our trend formula, NOKDKK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for NOKDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.715700 0.720765 0.710180 0.711740 -0.003960
Prev. Close Volume Bid Ask Time
0.715700 2021-02-26 11:51:23
Get a free daily analysis and signals for Norwegian Krone/Danish Krone (NOKDKK) - Request Your Free Report.