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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
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.
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MarketClub’s Trade Triangles for NOKHUF
The long-term trend has been UP since Nov 6th, 2024 at 34.51460
The intermediate-term trend has been UP since Sep 19th, 2024 at 33.80675
The short-term trend has been UP since Nov 17th, 2024 at 34.96715
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 35.09275 | 35.19215 | 35.05340 | 35.16535 | +0.07260 |
| Prev. Close | Volume | Bid | Ask | Time |
| 35.09275 | 2024-11-20 03:44:21 |