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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
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, NOKHKD 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 Apr 1st, 2024 at 0.720255
The intermediate-term trend has been DOWN since Oct 8th, 2024 at 0.725280
The short-term trend has been DOWN since Dec 6th, 2024 at 0.699305
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 |
|---|---|---|---|---|
| 0.684335 | 0.684805 | 0.680775 | 0.682015 | -0.002320 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.684335 | 2024-12-26 16:36:34 |