Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, September 23, 2023.

Norwegian Krone/US Dollar (FOREX:NOKUSD)

Sidelines Mode (-55) - NOKUSD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_NOKUSD
Open High Low NOKUSD Price Change
0.09275836 0.09275836 0.09275836 0.09275836 0.00000000
Entry Signal

MarketClub’s Trade Triangles for NOKUSD

long term up The long-term trend has been UP since Jul 17th, 2023 at 0.09756150

intermediate term down The intermediate-term trend has been DOWN since Aug 8th, 2023 at 0.09680850

short term up The short-term trend has been UP since Sep 20th, 2023 at 0.09347876

Smart Scan Analysis for NOKUSD

Based on our trend formula, NOKUSD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for NOKUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.09275836 0.09275836 0.09275836 0.09275836 0.00000000
Prev. Close Volume Bid Ask Time
0.09275836 2023-09-23 20:15:00
Get a free daily analysis and signals for Norwegian Krone/US Dollar (NOKUSD) - Request Your Free Report.