Forex Trend Analysis Report
Prepared for you on Monday, March 8, 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.
MarketClub’s Trade Triangles for NOKSEK
The long-term trend has been UP since Jan 6th, 2021 at 0.97235
The intermediate-term trend has been UP since Jan 6th, 2021 at 0.96930
The short-term trend has been UP since Feb 24th, 2021 at 0.98140
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).