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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Norwegian Krone/Singapore Dollar (FOREX:NOKSGD)

Crossroads (+60) - NOKSGD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_NOKSGD
Open High Low NOKSGD Price Change
0.1218265 0.1219285 0.1217090 0.1217150 -0.0001120
Entry Signal

MarketClub’s Trade Triangles for NOKSGD

long term down The long-term trend has been DOWN since Jul 22nd, 2024 at 0.1225405

intermediate term up The intermediate-term trend has been UP since Nov 19th, 2024 at 0.1219620

short term up The short-term trend has been UP since Nov 7th, 2024 at 0.1207135

Smart Scan Analysis for NOKSGD

Based on our trend formula, NOKSGD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for NOKSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1218265 0.1219285 0.1217090 0.1217150 -0.0001120
Prev. Close Volume Bid Ask Time
0.1218265 2024-11-20 03:42:40
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