Future Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
US $/NORWEGIAN KRONE JUNE 2020 (ICE:@NT.M20)
Sidelines Mode (+55) - @NT.M20 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid @NT.M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for @NT.M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @NT.M20
The long-term trend has been UP since Feb 3rd, 2020 at 9.2166
The intermediate-term trend has been DOWN since May 8th, 2020 at 10.2505
The short-term trend has been UP since May 22nd, 2020 at 10.0100
Smart Scan Analysis for @NT.M20
Based on our trend formula, @NT.M20 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.8345||52wk High Date||2020-03-20|
|52wk Low||9.31||52wk Low Date||2020-03-06|