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Forex Trend Analysis Report

Prepared for you on Sunday, December 5, 2021.

Norwegian Krone/Hungarian Forint (FOREX:NOKHUF)

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

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
35.41300 35.60790 35.05065 35.09875 -0.31425
Entry Signal

MarketClub’s Trade Triangles for NOKHUF

long term up The long-term trend has been UP since Sep 22nd, 2021 at 35.09750

intermediate term down The intermediate-term trend has been DOWN since Nov 25th, 2021 at 36.19255

short term down The short-term trend has been DOWN since Nov 25th, 2021 at 36.51455

Smart Scan Analysis for NOKHUF

Based on our trend formula, NOKHUF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for NOKHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
35.41300 35.60790 35.05065 35.09875 -0.31425
Prev. Close Volume Bid Ask Time
35.41300 2021-12-03 17:02:34
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