Forex Trend Analysis Report
Prepared for you on Wednesday, December 8, 2021.
Norwegian Krone/Israeli Shekel (FOREX:NOKILS)
Countertrend Down (-85) - NOKILS is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid NOKILS?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOKILS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NOKILS
The long-term trend has been DOWN since Nov 15th, 2021 at 0.35628948
The intermediate-term trend has been DOWN since Nov 1st, 2021 at 0.37306437
The short-term trend has been UP since Dec 7th, 2021 at 0.34879611
Smart Scan Analysis for NOKILS
Based on our trend formula, NOKILS is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).