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Forex Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

Norwegian Krone/Hong Kong Dollar (FOREX:NOKHKD)

Weak Downtrend (-65) - NOKHKD is showing signs of a strengthening downtrend. Monitor NOKHKD as it may be building momentum to the downside.

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
0.907475 0.912635 0.894130 0.894975 -0.012500
Entry Signal

MarketClub’s Trade Triangles for NOKHKD

long term up The long-term trend has been UP since Jul 20th, 2020 at 0.84247

intermediate term down The intermediate-term trend has been DOWN since Feb 26th, 2021 at 0.89590

short term down The short-term trend has been DOWN since Feb 25th, 2021 at 0.90794

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
Smart Scan Analysis for NOKHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.907475 0.912635 0.894130 0.894975 -0.012500
Prev. Close Volume Bid Ask Time
0.907475 2021-02-26 17:11:11
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