Future Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
NORWEGIAN KRONE Mar 2021 (CME:NOK.H21)
Weak Downtrend (-65) - NOK.H21 is showing signs of a strengthening downtrend. Monitor NOK.H21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid NOK.H21?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOK.H21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NOK.H21
The long-term trend has been UP since Dec 1st, 2020 at 0.10525
The intermediate-term trend has been DOWN since Feb 26th, 2021 at 0.11572
The short-term trend has been DOWN since Feb 25th, 2021 at 0.11786
Smart Scan Analysis for NOK.H21
Based on our trend formula, NOK.H21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).