Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Sunday, November 17, 2024.
Hong Kong Dollar/Norwegian Krone (FOREX:HKDNOK)
Bull Market Weakness (+75) - HKDNOK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HKDNOK as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid HKDNOK?
MarketClub looks at technical strength and momentum to determine if the timing is right for HKDNOK.
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 HKDNOK
The long-term trend has been UP since Apr 1st, 2024 at 138.954
The intermediate-term trend has been UP since Oct 8th, 2024 at 137.833
The short-term trend has been DOWN since Nov 15th, 2024 at 141.851
Smart Scan Analysis for HKDNOK
Based on our trend formula, HKDNOK is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 143.1300 | 143.2945 | 141.7975 | 142.3900 | -0.7400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 143.1300 | 2024-11-15 17:06:10 |