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Forex Trend Analysis Report
Prepared for you on Thursday, June 30, 2022.
Swiss Franc/Norwegian Krone (FOREX:CHFNOK)
Strong Uptrend (+100) - CHFNOK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CHFNOK 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 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 9.857000
The intermediate-term trend has been UP since Jun 16th, 2022 at 10.072614
The short-term trend has been UP since Jun 29th, 2022 at 10.384590
Smart Scan Analysis for CHFNOK
Based on our trend formula, CHFNOK is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10.354595 | 10.413307 | 10.341306 | 10.368060 | +0.013465 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10.354595 | 2022-06-30 03:46:39 |