Future Trend Analysis Report
Prepared for you on Tuesday, August 11, 2020.
NORWEGIAN KRONE Sep 2020 (CME:NOK.U20)
Strong Uptrend (+100) - NOK.U20 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, NOK.U20 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid NOK.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOK.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NOK.U20
The long-term trend has been UP since May 27th, 2020 at 0.09732
The intermediate-term trend has been UP since Jul 6th, 2020 at 0.10591
The short-term trend has been UP since Aug 5th, 2020 at 0.11069
Smart Scan Analysis for NOK.U20
Based on our trend formula, NOK.U20 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).