Forex Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
Norwegian Krone/Euro (FOREX:NOKEUR)
Crossroads (-60) - NOKEUR 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 NOKEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOKEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NOKEUR
The long-term trend has been UP since Jan 4th, 2021 at 0.09571893
The intermediate-term trend has been DOWN since Feb 26th, 2021 at 0.09584053
The short-term trend has been DOWN since Feb 25th, 2021 at 0.09636116
Smart Scan Analysis for NOKEUR
Based on our trend formula, NOKEUR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).