Future Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
NORWEGIAN KRONE Dec 2021 (CME:NOK.Z21)
Strong Uptrend (+100) - NOK.Z21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, NOK.Z21 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.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOK.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NOK.Z21
The long-term trend has been UP since Sep 1st, 2021 at 0.11526
The intermediate-term trend has been UP since Oct 5th, 2021 at 0.11677
The short-term trend has been UP since Oct 1st, 2021 at 0.11548
Smart Scan Analysis for NOK.Z21
Based on our trend formula, NOK.Z21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).