Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
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.
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MarketClub’s Trade Triangles for CHFNOK
The long-term trend has been UP since May 12th, 2022 at 9.85700
The intermediate-term trend has been DOWN since Feb 12th, 2024 at 12.01860
The short-term trend has been UP since Mar 19th, 2024 at 12.03729
Smart Scan Analysis for CHFNOK
Based on our trend formula, CHFNOK is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
12.012555 | 12.064403 | 12.000771 | 12.054495 | +0.041940 |
Prev. Close | Volume | Bid | Ask | Time |
12.012555 | 2024-03-19 06:20:48 |