Future Trend Analysis Report
Prepared for you on Thursday, August 5, 2021.
EURO/NORWEGIAN KRONE Sep 2021 (CME:ENK.U21)
Sidelines Mode (+55) - ENK.U21 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 ENK.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for ENK.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ENK.U21
The long-term trend has been UP since Jun 16th, 2021 at 10.137
The intermediate-term trend has been UP since Jun 16th, 2021 at 10.137
The short-term trend has been DOWN since Jul 22nd, 2021 at 10.408
Smart Scan Analysis for ENK.U21
Based on our trend formula, ENK.U21 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).