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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
Norwegian Krone/Chinese Yuan Renminbi (FOREX:NOKCNY)
Strong Uptrend (+100) - NOKCNY is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, NOKCNY continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid NOKCNY?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOKCNY.
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 NOKCNY
The long-term trend has been UP since Jun 7th, 2024 at 0.68551070
The intermediate-term trend has been UP since Nov 19th, 2024 at 0.65985950
The short-term trend has been UP since Nov 18th, 2024 at 0.65444026
Smart Scan Analysis for NOKCNY
Based on our trend formula, NOKCNY is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.65550594 | 0.65684850 | 0.65214541 | 0.65422170 | -0.00128400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.65550594 | 2024-11-21 14:07:17 |