Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Sunday, February 25, 2024.

Norwegian Krone/United Arab Emirates Dirham (FOREX:NOKAED)

Weak Downtrend (-65) - NOKAED is showing signs of a strengthening downtrend. Monitor NOKAED as it may be building momentum to the downside.

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.

FOREX_NOKAED
Open High Low NOKAED Price Change
0.34849281 0.34849281 0.34849281 0.34849281 0.00000000
Entry Signal

MarketClub’s Trade Triangles for NOKAED

long term up The long-term trend has been UP since Dec 14th, 2023 at 0.34821071

intermediate term down The intermediate-term trend has been DOWN since Jan 15th, 2024 at 0.35330606

short term down The short-term trend has been DOWN since Feb 22nd, 2024 at 0.34941067

Smart Scan Analysis for NOKAED

Based on our trend formula, NOKAED is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for NOKAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.34849281 0.34849281 0.34849281 0.34849281 0.00000000
Prev. Close Volume Bid Ask Time
0.34849281 2024-02-24 04:44:38
Get a free daily analysis and signals for Norwegian Krone/United Arab Emirates Dirham (NOKAED) - Request Your Free Report.