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Future Trend Analysis Report

Prepared for you on Saturday, April 20, 2024.

NORWEGIAN KRONE/SWEDISH KRONA JUNE 2024 (ICE:@NJ.M24)

Sidelines Mode (+50) - @NJ.M24 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until @NJ.M24 can gain momentum.

Is it time to buy, sell, or avoid @NJ.M24?

MarketClub looks at technical strength and momentum to determine if the timing is right for @NJ.M24.

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

ICE_@NJ.M24
Open High Low @NJ.M24 Price Change
0.9905 0.9905 0.9905 0.9984 +0.0079
Entry Signal

MarketClub’s Trade Triangles for @NJ.M24

long term down The long-term trend has been DOWN since Oct 24th, 2023 at 1.0065

intermediate term up The intermediate-term trend has been UP since Mar 27th, 2024 at 0.9805

short term up The short-term trend has been UP since Mar 27th, 2024 at 0.9805

Smart Scan Analysis for @NJ.M24

Based on our trend formula, @NJ.M24 is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for @NJ.M24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9905 0.9905 0.9905 0.9984 +0.0079
Prev. Close Volume Bid Ask Time
0.9905 0 0.9902 0.9909 2024-04-12 10:27:14
52wk High0.998452wk High Date2024-04-12
52wk Low0.976252wk Low Date2024-03-12
Volatility6.89Expiration2024-06-17
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