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Future Trend Analysis Report

Prepared for you on Thursday, May 26, 2022.

NORWEGIAN KRONE Jun 2022 (CME:NOK.M22)

Sidelines Mode (-55) - NOK.M22 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.M22?

MarketClub looks at technical strength and momentum to determine if the timing is right for NOK.M22.

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

CME_NOK.M22
Open High Low NOK.M22 Price Change
0.10455 0.10462 0.10414 0.10462 +0.00030
Entry Signal

MarketClub’s Trade Triangles for NOK.M22

long term down The long-term trend has been DOWN since Apr 25th, 2022 at 0.11004

intermediate term down The intermediate-term trend has been DOWN since Apr 13th, 2022 at 0.11334

short term up The short-term trend has been UP since May 17th, 2022 at 0.10374

Smart Scan Analysis for NOK.M22

Based on our trend formula, NOK.M22 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for NOK.M22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.10455 0.10462 0.10414 0.10462 +0.00030
Prev. Close Volume Bid Ask Time
0.10432 69 2022-05-26 09:54:04
Expiration2022-06-13Open Time18:00
Close Time17:00
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