Forex Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
Norwegian Krone/Hong Kong Dollar (FOREX:NOKHKD)
Bull Market Weakness (+75) - NOKHKD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NOKHKD as it may be in the beginning stages of a reversal.
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 DOWN since Apr 25th, 2022 at 0.859070
The intermediate-term trend has been UP since Mar 23rd, 2023 at 0.762205
The short-term trend has been UP since Mar 20th, 2023 at 0.737080
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).