Future Trend Analysis Report
Prepared for you on Wednesday, October 27, 2021.
NORWEGIAN KRONE Dec 2021 (CME:NOK.Z21)
Bull Market Weakness (+75) - NOK.Z21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NOK.Z21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NOK.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOK.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NOK.Z21
The long-term trend has been UP since Sep 1st, 2021 at 0.11526
The intermediate-term trend has been UP since Oct 5th, 2021 at 0.11677
The short-term trend has been DOWN since Oct 27th, 2021 at 0.11936
Smart Scan Analysis for NOK.Z21
Based on our trend formula, NOK.Z21 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).