Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Norwegian Krone/Swedish Krona (FOREX:NOKSEK)
Bull Market Weakness (+75) - NOKSEK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NOKSEK as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for NOKSEK
The long-term trend has been DOWN since Jul 23rd, 2024 at 0.952925
The intermediate-term trend has been UP since Nov 4th, 2024 at 0.975810
The short-term trend has been UP since Nov 13th, 2024 at 0.986900
Smart Scan Analysis for NOKSEK
Based on our trend formula, NOKSEK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.994590 | 0.995250 | 0.993650 | 0.994455 | -0.000135 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.994590 | 2024-11-20 03:47:06 |