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Future Trend Analysis Report

Prepared for you on Monday, April 12, 2021.

NORWEGIAN KRONE Jun 2021 (CME:NOK.M21)

Sidelines Mode (-55) - NOK.M21 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 NOK.M21?

MarketClub looks at technical strength and momentum to determine if the timing is right for NOK.M21.

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

CME_NOK.M21
Open High Low NOK.M21 Price Change
0.11752 0.11805 0.11731 0.11790 +0.00011
Entry Signal

MarketClub’s Trade Triangles for NOK.M21

long term down The long-term trend has been DOWN since Mar 23rd, 2021 at 0.11579

intermediate term down The intermediate-term trend has been DOWN since Mar 23rd, 2021 at 0.11608

short term up The short-term trend has been UP since Mar 26th, 2021 at 0.11648

Smart Scan Analysis for NOK.M21

Based on our trend formula, NOK.M21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for NOK.M21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.11752 0.11805 0.11731 0.11790 +0.00011
Prev. Close Volume Bid Ask Time
0.11773 30 2021-04-12 16:53:56
Expiration2021-06-14Open Time18:00
Close Time17:00
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