Future Trend Analysis Report
Prepared for you on Friday, May 14, 2021.
EURO/NORWEGIAN KRONE Jun 2021 (CME:ENK.M21)
Crossroads (-60) - ENK.M21 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ENK.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for ENK.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ENK.M21
The long-term trend has been DOWN since Mar 30th, 2021 at 10.0715
The intermediate-term trend has been UP since May 11th, 2021 at 10.0460
The short-term trend has been UP since May 11th, 2021 at 10.0380
Smart Scan Analysis for ENK.M21
Based on our trend formula, ENK.M21 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).