Future Trend Analysis Report
Prepared for you on Thursday, April 22, 2021.
STERLING/NORWAY KRONE JUNE 2021 (ICE:@PK.M21)
Long-Term Downtrend (-90) - @PK.M21 is in a strong downtrend that is likely to continue. While @PK.M21 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid @PK.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @PK.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @PK.M21
The long-term trend has been DOWN since Jan 4th, 2021 at 11.63050
The intermediate-term trend has been DOWN since Apr 8th, 2021 at 11.74450
The short-term trend has been DOWN since Apr 8th, 2021 at 11.76825
Smart Scan Analysis for @PK.M21
Based on our trend formula, @PK.M21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.877||52wk High Date||2021-03-19|
|52wk Low||11.5905||52wk Low Date||2021-04-19|