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Future Trend Analysis Report

Prepared for you on Monday, September 28, 2020.

NORWEGIAN KRONE Sep 2020 (CME:NOK.U20)

Sidelines Mode (+55) - NOK.U20 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.U20?

MarketClub looks at technical strength and momentum to determine if the timing is right for NOK.U20.

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

CME_NOK.U20
Open High Low NOK.U20 Price Change
0.11071 0.11071 0.11043 0.11125 +0.00028
Entry Signal

MarketClub’s Trade Triangles for NOK.U20

long term up The long-term trend has been UP since May 27th, 2020 at 0.09732

intermediate term down The intermediate-term trend has been DOWN since Sep 8th, 2020 at 0.11043

short term up The short-term trend has been UP since Sep 10th, 2020 at 0.11196

Smart Scan Analysis for NOK.U20

Based on our trend formula, NOK.U20 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for NOK.U20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.11071 0.11071 0.11043 0.11125 +0.00028
Prev. Close Volume Bid Ask Time
0.11457 159 2020-09-11 14:59:40
Expiration2020-09-14Open Time18:00
Close Time17:00
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