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Index Trend Analysis Report

Prepared for you on Tuesday, March 21, 2023.

Morningstar Norway Index PR NOK (CME:MSNONOKP)

Long-Term Downtrend (-90) - MSNONOKP is in a strong downtrend that is likely to continue. While MSNONOKP 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 MSNONOKP?

MarketClub looks at technical strength and momentum to determine if the timing is right for MSNONOKP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_MSNONOKP
Open High Low MSNONOKP Price Change
2912.09 2963.50 2910.62 2940.71 +27.99
Entry Signal

MarketClub’s Trade Triangles for MSNONOKP

long term down The long-term trend has been DOWN since Mar 15th, 2023 at 2902.59

intermediate term down The intermediate-term trend has been DOWN since Mar 13th, 2023 at 3027.41

short term down The short-term trend has been DOWN since Mar 8th, 2023 at 3109.71

Smart Scan Analysis for MSNONOKP

Based on our trend formula, MSNONOKP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for MSNONOKP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2912.09 2963.50 2910.62 2940.71 +27.99
Prev. Close Volume Bid Ask Time
2912.72 0 2023-03-21 20:29:49
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