Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Tuesday, February 4, 2025.
Norwegian Krone/United Arab Emirates Dirham (FOREX:NOKAED)
Bull Market Weakness (+75) - NOKAED is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NOKAED as it may be in the beginning stages 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 UP since Jan 23rd, 2025 at 0.32676250
The short-term trend has been UP since Feb 4th, 2025 at 0.32530196
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.32163264 | 0.32684148 | 0.32163264 | 0.32671053 | +0.00507800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.32163264 | 2025-02-04 22:56:49 |