Future Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
NORWEGIAN KRONE/SWEDISH KRONA DECEMBER 2021 (ICE:@NJ.Z21)
Long-Term Uptrend (+90) - @NJ.Z21 is in a strong uptrend that is likely to continue. While @NJ.Z21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid @NJ.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @NJ.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @NJ.Z21
The long-term trend has been UP since Sep 15th, 2021 at 0.99900
The intermediate-term trend has been UP since Aug 11th, 2021 at 0.97900
The short-term trend has been UP since Oct 19th, 2021 at 1.02555
Smart Scan Analysis for @NJ.Z21
Based on our trend formula, @NJ.Z21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1.03155||52wk High Date||2021-10-21|
|52wk Low||0.9872||52wk Low Date||2021-09-03|