Forex Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
Norwegian Krone/Singapore Dollar (FOREX:NOKSGD)
Bear Market Rally (-75) - NOKSGD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NOKSGD as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid
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.
MarketClub’s Trade Triangles for NOKSGD
The long-term trend has been DOWN since Feb 3rd, 2020 at 0.147597
The intermediate-term trend has been DOWN since Jan 20th, 2020 at 0.151090
The short-term trend has been DOWN since Feb 17th, 2020 at 0.149939
Smart Scan Analysis for NOKSGD
Based on our trend formula, NOKSGD is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).