Future Trend Analysis Report
Prepared for you on Sunday, October 24, 2021.
US $/NORWEGIAN KRONE DECEMBER 2021 (ICE:@NT.Z21)
Bear Market Rally (-75) - @NT.Z21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on @NT.Z21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid @NT.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @NT.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @NT.Z21
The long-term trend has been DOWN since Oct 4th, 2021 at 8.5935
The intermediate-term trend has been DOWN since Sep 23rd, 2021 at 8.5837
The short-term trend has been UP since Oct 22nd, 2021 at 8.3680
Smart Scan Analysis for @NT.Z21
Based on our trend formula, @NT.Z21 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||8.7775||52wk High Date||2021-09-20|
|52wk Low||8.3285||52wk Low Date||2021-10-21|