Forex Trend Analysis Report
Prepared for you on Friday, November 26, 2021.
Norwegian Krone/Swiss Franc (FOREX:NOKCHF)
Weak Downtrend (-65) - NOKCHF is showing signs of a strengthening downtrend. Monitor NOKCHF as it may be building momentum to the downside.
Is it time to buy, sell, or avoid NOKCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOKCHF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NOKCHF
The long-term trend has been UP since Oct 8th, 2021 at 10.83475
The intermediate-term trend has been DOWN since Nov 1st, 2021 at 10.78700
The short-term trend has been DOWN since Nov 25th, 2021 at 10.35570
Smart Scan Analysis for NOKCHF
Based on our trend formula, NOKCHF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).