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Forex Trend Analysis Report
Prepared for you on Thursday, March 30, 2023.
Norwegian Krone/Canadian Dollar (FOREX:NOKCAD)
Sidelines Mode (-55) - NOKCAD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid NOKCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOKCAD.
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 NOKCAD
The long-term trend has been DOWN since Feb 7th, 2023 at 0.1291625
The intermediate-term trend has been UP since Mar 22nd, 2023 at 0.1320440
The short-term trend has been DOWN since Mar 27th, 2023 at 0.1303415
Smart Scan Analysis for NOKCAD
Based on our trend formula, NOKCAD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.1300010 | 0.1301920 | 0.1296235 | 0.1299485 | -0.0000530 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.1300010 | 2023-03-30 05:11:24 |