Future Trend Analysis Report
Prepared for you on Sunday, August 1, 2021.
NORWEGIAN KRONE/SWEDISH KRONA SEPTEMBER 2021 (ICE:@NJ.U21)
Countertrend Down (-85) - @NJ.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 @NJ.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @NJ.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @NJ.U21
The long-term trend has been DOWN since Jul 6th, 2021 at 0.9905
The intermediate-term trend has been DOWN since May 11th, 2021 at 1.0065
The short-term trend has been UP since Jul 6th, 2021 at 0.9938
Smart Scan Analysis for @NJ.U21
Based on our trend formula, @NJ.U21 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1.0023||52wk High Date||2021-06-08|
|52wk Low||0.9613||52wk Low Date||2021-07-20|