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Forex Trend Analysis Report

Prepared for you on Saturday, April 27, 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.

FOREX_HKDNOK
Open High Low HKDNOK Price Change
140.0890 141.2350 139.7205 140.9740 +0.8850
Entry Signal

MarketClub’s Trade Triangles for HKDNOK

long term up The long-term trend has been UP since Apr 1st, 2024 at 138.9540

intermediate term up The intermediate-term trend has been UP since Mar 15th, 2024 at 135.9215

short term up The short-term trend has been UP since Apr 26th, 2024 at 140.8640

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).

+100
Smart Scan Analysis for HKDNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
140.0890 141.2350 139.7205 140.9740 +0.8850
Prev. Close Volume Bid Ask Time
140.0890 2024-04-26 17:04:26
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