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Forex Trend Analysis Report

Prepared for you on Monday, February 24, 2020.

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
33.29100 33.42930 33.26130 33.33025 +0.03925
Entry Signal

MarketClub’s Trade Triangles for NOKHUF

long term up The long-term trend has been UP since Jan 10th, 2020 at 33.85240

intermediate term down The intermediate-term trend has been DOWN since Jan 28th, 2020 at 33.37850

short term down The short-term trend has been DOWN since Feb 24th, 2020 at 33.27245

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
33.29100 33.42930 33.26130 33.33025 +0.03925
Prev. Close Volume Bid Ask Time
33.29100 33.29010 33.37040 2020-02-24 22:47:03
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