Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

Norwegian Krone/Swedish Krona (FOREX:NOKSEK)

Long-Term Uptrend (+90) - NOKSEK is in a strong uptrend that is likely to continue. While NOKSEK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid NOKSEK?

MarketClub looks at technical strength and momentum to determine if the timing is right for NOKSEK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_NOKSEK
Open High Low NOKSEK Price Change
1.033755 1.034745 1.028600 1.029035 -0.004720
Entry Signal

MarketClub’s Trade Triangles for NOKSEK

long term up The long-term trend has been UP since Sep 23rd, 2021 at 1.007670

intermediate term up The intermediate-term trend has been UP since Aug 25th, 2021 at 0.986100

short term up The short-term trend has been UP since Oct 19th, 2021 at 1.030905

Smart Scan Analysis for NOKSEK

Based on our trend formula, NOKSEK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for NOKSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.033755 1.034745 1.028600 1.029035 -0.004720
Prev. Close Volume Bid Ask Time
1.033755 2021-10-21 16:02:02
Get a free daily analysis and signals for Norwegian Krone/Swedish Krona (NOKSEK) - Request Your Free Report.