Forex Trend Analysis Report
Prepared for you on Friday, June 5, 2020.
Norwegian Krone/Israeli Shekel (FOREX:NOKILS)
Bull Market Weakness (+75) - NOKILS is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NOKILS as it may be in the beginning stages of a reversal.
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 Jan 30th, 2020 at 0.37579437
The intermediate-term trend has been UP since May 13th, 2020 at 0.34889469
The short-term trend has been UP since May 24th, 2020 at 0.35565165
Smart Scan Analysis for NOKILS
Based on our trend formula, NOKILS is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).