Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

Swiss Franc/Norwegian Krone (FOREX:CHFNOK)

Bull Market Weakness (+75) - CHFNOK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CHFNOK as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid CHFNOK?

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

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

FOREX_CHFNOK
Open High Low CHFNOK Price Change
9.538858 9.551549 9.510280 9.541900 +0.003042
Entry Signal

MarketClub’s Trade Triangles for CHFNOK

long term down The long-term trend has been DOWN since Dec 27th, 2020 at 9.592928

intermediate term up The intermediate-term trend has been UP since Feb 28th, 2021 at 9.551133

short term up The short-term trend has been UP since Feb 26th, 2021 at 9.472345

Smart Scan Analysis for CHFNOK

Based on our trend formula, CHFNOK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for CHFNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.538858 9.551549 9.510280 9.541900 +0.003042
Prev. Close Volume Bid Ask Time
9.538858 2021-02-28 17:12:54
Get a free daily analysis and signals for Swiss Franc/Norwegian Krone (CHFNOK) - Request Your Free Report.