Free Daily Analysis

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.

FOREX_NOKHKD
Open High Low NOKHKD Price Change
0.829205 0.829770 0.828955 0.829005 -0.000200
Entry Signal

MarketClub’s Trade Triangles for NOKHKD

long term down The long-term trend has been DOWN since Jan 30th, 2020 at 0.84257

intermediate term down The intermediate-term trend has been DOWN since Jan 20th, 2020 at 0.87099

short term down 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).

-100
Smart Scan Analysis for NOKHKD
Strong Downtrend Sideways 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
Get a free daily analysis and signals for Norwegian Krone/Hong Kong Dollar (NOKHKD) - Request Your Free Report.