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Forex Trend Analysis Report
Prepared for you on Tuesday, January 18, 2022.
Norwegian Krone/Canadian Dollar (FOREX:NOKCAD)
Long-Term Downtrend (-90) - NOKCAD is in a strong downtrend that is likely to continue. While NOKCAD is showing intraday strength, it remains in the confines of a bearish trend. 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 26th, 2021 at 0.1401220
The intermediate-term trend has been DOWN since Jan 18th, 2022 at 0.1423175
The short-term trend has been DOWN since Jan 16th, 2022 at 0.1429855
Smart Scan Analysis for NOKCAD
Based on our trend formula, NOKCAD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.1433185 | 0.1433195 | 0.1423165 | 0.1428765 | -0.0004420 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.1433185 | 2022-01-18 06:32:10 |