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Forex Trend Analysis Report
Prepared for you on Wednesday, December 4, 2024.
Norwegian Krone/United Arab Emirates Dirham (FOREX:NOKAED)
Bear Market Rally (-75) - NOKAED is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NOKAED as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid NOKAED?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOKAED.
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 NOKAED
The long-term trend has been DOWN since Nov 5th, 2024 at 0.33180192
The intermediate-term trend has been DOWN since Oct 8th, 2024 at 0.34334753
The short-term trend has been UP since Nov 29th, 2024 at 0.33334192
Smart Scan Analysis for NOKAED
Based on our trend formula, NOKAED is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.33227875 | 0.33227875 | 0.33193537 | 0.33193537 | -0.00034300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.33227875 | 2024-12-04 01:21:23 |