Future Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
EURO/NORWEGIAN KRONE Jun 2021 (CME:ENK.M21)
Bear Market Rally (-75) - ENK.M21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ENK.M21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid ENK.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for ENK.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ENK.M21
The long-term trend has been DOWN since Mar 30th, 2021 at 10.0715
The intermediate-term trend has been DOWN since Mar 30th, 2021 at 10.0715
The short-term trend has been UP since Apr 8th, 2021 at 10.0900
Smart Scan Analysis for ENK.M21
Based on our trend formula, ENK.M21 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).