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.

Open	High	Low	NOKHKD Price	Change
0.753455	0.758655	0.749925	0.758005	+0.004550
Entry Signal

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).

+70

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.753455	0.758655	0.749925	0.758005	+0.004550
Prev. Close	Volume	Bid	Ask	Time
0.753455				2023-03-28 21:01:52

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