Forex Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
Norwegian Krone/Hong Kong Dollar (FOREX:NOKHKD)
Weak Downtrend (-65) - NOKHKD is showing signs of a strengthening downtrend. Monitor NOKHKD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid NOKHKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOKHKD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NOKHKD
The long-term trend has been UP since Jul 20th, 2020 at 0.84247
The intermediate-term trend has been DOWN since Feb 26th, 2021 at 0.89590
The short-term trend has been DOWN since Feb 25th, 2021 at 0.90794
Smart Scan Analysis for NOKHKD
Based on our trend formula, NOKHKD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).