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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Norwegian Krone/Chinese Yuan Renminbi Offshore (FOREX:NOKCNH)

Sidelines Mode (+55) - NOKCNH 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 NOKCNH?

MarketClub looks at technical strength and momentum to determine if the timing is right for NOKCNH.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_NOKCNH
Open High Low NOKCNH Price Change
0.6945450 0.6961066 0.6935961 0.6955249 +0.0009800
Entry Signal

MarketClub’s Trade Triangles for NOKCNH

long term up The long-term trend has been UP since Mar 5th, 2025 at 0.6615000

intermediate term down The intermediate-term trend has been DOWN since Apr 7th, 2025 at 0.6711888

short term up The short-term trend has been UP since May 6th, 2025 at 0.6989304

Smart Scan Analysis for NOKCNH

Based on our trend formula, NOKCNH is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for NOKCNH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6945450 0.6961066 0.6935961 0.6955249 +0.0009800
Prev. Close Volume Bid Ask Time
0.6945450 2025-05-09 03:36:19
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