Future Trend Analysis Report
Prepared for you on Wednesday, March 22, 2023.
NORWEGIAN KRONE Jun 2023 (CME:NOK.M23)
Weak Uptrend (+65) - NOK.M23 is showing signs of weakening momentum to the upside. Monitor NOK.M23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NOK.M23?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOK.M23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NOK.M23
The long-term trend has been UP since Mar 3rd, 2023 at 0.09632
The intermediate-term trend has been UP since Mar 3rd, 2023 at 0.09632
The short-term trend has been DOWN since Mar 20th, 2023 at 0.09346
Smart Scan Analysis for NOK.M23
Based on our trend formula, NOK.M23 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).