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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.

FOREX_NOKHUF
Open High Low NOKHUF Price Change
36.0994 36.4570 36.0155 36.3900 +0.2906
Entry Signal

MarketClub’s Trade Triangles for NOKHUF

long term up The long-term trend has been UP since Jun 8th, 2020 at 32.85515

intermediate term up The intermediate-term trend has been UP since Mar 2nd, 2021 at 35.39690

short term up 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).

+100
Smart Scan Analysis for NOKHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
36.0994 36.4570 36.0155 36.3900 +0.2906
Prev. Close Volume Bid Ask Time
36.0994 2021-03-08 20:08:45
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