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Forex Trend Analysis Report

Prepared for you on Sunday, March 26, 2023.

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.

FOREX_NOKAED
Open High Low NOKAED Price Change
0.35366363 0.35377216 0.34750545 0.35043895 -0.00322500
Entry Signal

MarketClub’s Trade Triangles for NOKAED

long term down The long-term trend has been DOWN since Mar 2nd, 2023 at 0.35236491

intermediate term up The intermediate-term trend has been UP since Mar 23rd, 2023 at 0.35634475

short term up The short-term trend has been UP since Mar 21st, 2023 at 0.34527918

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
0.35366363 0.35377216 0.34750545 0.35043895 -0.00322500
Prev. Close Volume Bid Ask Time
0.35366363 2023-03-24 17:22:59
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