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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 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 Apr 1st, 2024 at 0.33807454
The intermediate-term trend has been DOWN since Mar 15th, 2024 at 0.34550739
The short-term trend has been UP since Apr 22nd, 2024 at 0.33488134
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 |
|---|---|---|---|---|
| 0.33441053 | 0.33541183 | 0.33441053 | 0.33537084 | +0.00096000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.33441053 | 2024-04-25 06:01:53 |