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Forex Trend Analysis Report

Prepared for you on Sunday, February 23, 2020.

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

Bear Market Rally (-75) - NOKCNH is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NOKCNH as it may be in the beginning 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.

FOREX_NOKCNH
Open High Low NOKCNH Price Change
0.75875 0.75875 0.75875 0.75875 0.00000
Entry Signal

MarketClub’s Trade Triangles for NOKCNH

long term down The long-term trend has been DOWN since Jan 30th, 2020 at 0.76400

intermediate term down The intermediate-term trend has been DOWN since Jan 13th, 2020 at 0.78025

short term up The short-term trend has been UP since Feb 19th, 2020 at 0.75685

Smart Scan Analysis for NOKCNH

Based on our trend formula, NOKCNH is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for NOKCNH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.75875 0.75875 0.75875 0.75875 0.00000
Prev. Close Volume Bid Ask Time
0.75875 0.75800 0.75950 2020-02-21 15:27:22
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