Future Trend Analysis Report
Prepared for you on Friday, July 1, 2022.
NORWEGIAN KRONE/SWEDISH KRONA SEPTEMBER 2022 (ICE:@NJ.U22)
Bear Market Rally (-75) - @NJ.U22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on @NJ.U22 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid @NJ.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for @NJ.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @NJ.U22
The long-term trend has been DOWN since May 12th, 2022 at 1.0250
The intermediate-term trend has been DOWN since Apr 22nd, 2022 at 1.0620
The short-term trend has been DOWN since Jun 3rd, 2022 at 1.0385
Smart Scan Analysis for @NJ.U22
Based on our trend formula, @NJ.U22 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1.03505||52wk High Date||2022-06-29|
|52wk Low||1.026||52wk Low Date||2022-06-13|