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Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
Norwegian Krone/Chinese Yuan Renminbi Offshore (FOREX:NOKCNH)
Bull Market Weakness (+75) - NOKCNH is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NOKCNH as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for NOKCNH
The long-term trend has been DOWN since Jul 23rd, 2024 at 0.65915000
The intermediate-term trend has been UP since Feb 5th, 2025 at 0.64965401
The short-term trend has been UP since Feb 4th, 2025 at 0.64738831
Smart Scan Analysis for NOKCNH
Based on our trend formula, NOKCNH is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.64830986 | 0.65040309 | 0.64761363 | 0.65040163 | +0.00209200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.64830986 | 2025-02-05 05:45:09 |