Future Trend Analysis Report
Prepared for you on Sunday, April 18, 2021.
US $/NORWEGIAN KRONE JUNE 2021 (ICE:@NT.M21)
Strong Downtrend (-100) - @NT.M21 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.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @NT.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @NT.M21
The long-term trend has been DOWN since Dec 3rd, 2020 at 8.76345
The intermediate-term trend has been DOWN since Apr 14th, 2021 at 8.44100
The short-term trend has been DOWN since Apr 14th, 2021 at 8.45700
Smart Scan Analysis for @NT.M21
Based on our trend formula, @NT.M21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||8.613||52wk High Date||2021-03-29|
|52wk Low||8.377||52wk Low Date||2021-04-16|