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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Norwegian Krone/Hungarian Forint (FOREX:NOKHUF)
Bear Market Rally (-75) - NOKHUF is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NOKHUF as it may be in the beginning of a reversal.
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.
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MarketClub’s Trade Triangles for NOKHUF
The long-term trend has been DOWN since Jul 22nd, 2024 at 32.77300
The intermediate-term trend has been DOWN since Jul 7th, 2024 at 34.25745
The short-term trend has been UP since Jul 24th, 2024 at 32.96320
Smart Scan Analysis for NOKHUF
Based on our trend formula, NOKHUF is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 32.78605 | 32.89105 | 32.60620 | 32.72130 | -0.06475 |
| Prev. Close | Volume | Bid | Ask | Time |
| 32.78605 | 2024-07-26 16:59:23 |