Future Trend Analysis Report
Prepared for you on Sunday, August 1, 2021.
NORWEGIAN KRONE Sep 2021 (CME:NOK.U21)
Countertrend Down (-85) - NOK.U21 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid NOK.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOK.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NOK.U21
The long-term trend has been DOWN since Jun 3rd, 2021 at 0.11970
The intermediate-term trend has been DOWN since Jun 1st, 2021 at 0.12182
The short-term trend has been UP since Jul 22nd, 2021 at 0.11265
Smart Scan Analysis for NOK.U21
Based on our trend formula, NOK.U21 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).