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Forex Trend Analysis Report
Prepared for you on Saturday, December 21, 2024.
Hong Kong Dollar/Norwegian Krone (FOREX:HKDNOK)
Strong Uptrend (+100) - HKDNOK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HKDNOK 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 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 UP since Dec 6th, 2024 at 143.000
Smart Scan Analysis for HKDNOK
Based on our trend formula, HKDNOK is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 147.6545 | 147.7125 | 145.2510 | 145.5870 | -2.0675 |
| Prev. Close | Volume | Bid | Ask | Time |
| 147.6545 | 2024-12-20 17:05:07 |