Future Trend Analysis Report
Prepared for you on Tuesday, January 31, 2023.
NORWEGIAN KRONE Mar 2023 (CME:NOK.H23)
Strong Downtrend (-100) - NOK.H23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NOK.H23 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid NOK.H23?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOK.H23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NOK.H23
The long-term trend has been DOWN since Jan 3rd, 2023 at 0.10007
The intermediate-term trend has been DOWN since Jan 31st, 2023 at 0.10007
The short-term trend has been DOWN since Jan 25th, 2023 at 0.10117
Smart Scan Analysis for NOK.H23
Based on our trend formula, NOK.H23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).