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Forex Trend Analysis Report
Prepared for you on Thursday, February 27, 2020.
Norwegian Krone/Hong Kong Dollar (FOREX:NOKHKD)
Strong Downtrend (-100) - NOKHKD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for NOKHKD
The long-term trend has been DOWN since Jan 30th, 2020 at 0.84257
The intermediate-term trend has been DOWN since Jan 20th, 2020 at 0.87099
The short-term trend has been DOWN since Feb 21st, 2020 at 0.83193
Smart Scan Analysis for NOKHKD
Based on our trend formula, NOKHKD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.829205 | 0.829770 | 0.828955 | 0.829005 | -0.000200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.829205 | 0.828820 | 0.829190 | 2020-02-27 01:05:53 |