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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Norwegian Krone/Hungarian Forint (FOREX:NOKHUF)

Crossroads (-60) - NOKHUF is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid NOKHUF?

MarketClub looks at technical strength and momentum to determine if the timing is right for NOKHUF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_NOKHUF
Open High Low NOKHUF Price Change
33.8210 33.9998 33.6079 33.6848 -0.1362
Entry Signal

MarketClub’s Trade Triangles for NOKHUF

long term up The long-term trend has been UP since Jan 29th, 2024 at 34.5109

intermediate term down The intermediate-term trend has been DOWN since Mar 15th, 2024 at 34.0009

short term down The short-term trend has been DOWN since Mar 27th, 2024 at 33.9486

Smart Scan Analysis for NOKHUF

Based on our trend formula, NOKHUF is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for NOKHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
33.8210 33.9998 33.6079 33.6848 -0.1362
Prev. Close Volume Bid Ask Time
33.8210 2024-03-28 18:05:39
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