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.
MarketClub’s Trade Triangles for MSNONOKP
The long-term trend has been DOWN since Mar 15th, 2023 at 2902.59
The intermediate-term trend has been DOWN since Mar 13th, 2023 at 3027.41
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).