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Forex Trend Analysis Report
Prepared for you on Saturday, December 21, 2024.
Norwegian Krone/Canadian Dollar (FOREX:NOKCAD)
Strong Downtrend (-100) - NOKCAD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NOKCAD continues to fall. Traders should use caution and set stops.
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 Nov 5th, 2024 at 0.1248260
The intermediate-term trend has been DOWN since Dec 19th, 2024 at 0.1256905
The short-term trend has been DOWN since Dec 18th, 2024 at 0.1270860
Smart Scan Analysis for NOKCAD
Based on our trend formula, NOKCAD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.1257320 | 0.1271900 | 0.1256175 | 0.1269985 | +0.0012660 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.1257320 | 2024-12-20 17:06:10 |