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Future Trend Analysis Report

Prepared for you on Sunday, June 26, 2022.

NORWEGIAN KRONE Sep 2022 (CME:NOK.U22)

Long-Term Downtrend (-90) - NOK.U22 is in a strong downtrend that is likely to continue. While NOK.U22 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 NOK.U22?

MarketClub looks at technical strength and momentum to determine if the timing is right for NOK.U22.

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

CME_NOK.U22
Open High Low NOK.U22 Price Change
0.10062 0.10168 0.10046 0.10150 +0.00120
Entry Signal

MarketClub’s Trade Triangles for NOK.U22

long term down The long-term trend has been DOWN since May 17th, 2022 at 0.11381

intermediate term down The intermediate-term trend has been DOWN since Jun 12th, 2022 at 0.10346

short term down The short-term trend has been DOWN since Jun 23rd, 2022 at 0.10036

Smart Scan Analysis for NOK.U22

Based on our trend formula, NOK.U22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for NOK.U22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.10062 0.10168 0.10046 0.10150 +0.00120
Prev. Close Volume Bid Ask Time
0.10151 35 2022-06-24 14:53:50
Expiration2022-09-19Open Time18:00
Close Time17:00
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