Future Trend Analysis Report
Prepared for you on Tuesday, March 2, 2021.
NORWEGIAN KRONE/SWEDISH KRONA MARCH 2021 (ICE:@NJ.H21)
Bull Market Weakness (+75) - @NJ.H21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on @NJ.H21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid @NJ.H21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @NJ.H21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @NJ.H21
The long-term trend has been UP since Jan 4th, 2021 at 0.96550
The intermediate-term trend has been DOWN since Feb 22nd, 2021 at 0.97545
The short-term trend has been UP since Mar 2nd, 2021 at 0.98265
Smart Scan Analysis for @NJ.H21
Based on our trend formula, @NJ.H21 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.98555||52wk High Date||2021-03-02|
|52wk Low||0.95005||52wk Low Date||2020-12-21|