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Future Trend Analysis Report

Prepared for you on Thursday, December 7, 2023.

NORWEGIAN KRONE Dec 2023 (CME:NOK.Z23)

Weak Downtrend (-65) - NOK.Z23 is showing signs of a strengthening downtrend. Monitor NOK.Z23 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid NOK.Z23?

MarketClub looks at technical strength and momentum to determine if the timing is right for NOK.Z23.

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

CME_NOK.Z23
Open High Low NOK.Z23 Price Change
0.09160 0.09163 0.09114 0.09116 -0.00032
Entry Signal

MarketClub’s Trade Triangles for NOK.Z23

long term down The long-term trend has been DOWN since Oct 2nd, 2023 at 0.09240

intermediate term up The intermediate-term trend has been UP since Nov 14th, 2023 at 0.09092

short term down The short-term trend has been DOWN since Nov 30th, 2023 at 0.09360

Smart Scan Analysis for NOK.Z23

Based on our trend formula, NOK.Z23 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for NOK.Z23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.09160 0.09163 0.09114 0.09116 -0.00032
Prev. Close Volume Bid Ask Time
0.09114 79 2023-12-06 14:59:57
Expiration2023-12-18Open Time18:00
Close Time17:00
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