Future Trend Analysis Report
Prepared for you on Thursday, March 4, 2021.
US $/NORWEGIAN KRONE MARCH 2021 (ICE:@NT.H21)
Strong Downtrend (-100) - @NT.H21 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid @NT.H21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @NT.H21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @NT.H21
The long-term trend has been DOWN since Dec 3rd, 2020 at 8.76345
The intermediate-term trend has been DOWN since Feb 24th, 2021 at 8.42650
The short-term trend has been DOWN since Feb 24th, 2021 at 8.43250
Smart Scan Analysis for @NT.H21
Based on our trend formula, @NT.H21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||8.855||52wk High Date||2020-12-07|
|52wk Low||8.4065||52wk Low Date||2021-01-06|