Forex Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
Norwegian Krone/Hungarian Forint (FOREX:NOKHUF)
Strong Uptrend (+100) - NOKHUF is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, NOKHUF continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for NOKHUF
The long-term trend has been UP since Jun 8th, 2020 at 32.85515
The intermediate-term trend has been UP since Mar 2nd, 2021 at 35.39690
The short-term trend has been UP since Mar 2nd, 2021 at 35.33965
Smart Scan Analysis for NOKHUF
Based on our trend formula, NOKHUF is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).