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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Norwegian Krone/Hong Kong Dollar (FOREX:NOKHKD)

Weak Downtrend (-65) - NOKHKD is showing signs of a strengthening downtrend. Monitor NOKHKD as it may be building momentum to the downside.

Is it time to buy, sell, or avoid NOKHKD?

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

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

FOREX_NOKHKD
Open High Low NOKHKD Price Change
0.725110 0.725530 0.720585 0.720915 -0.004195
Entry Signal

MarketClub’s Trade Triangles for NOKHKD

long term up The long-term trend has been UP since Dec 14th, 2023 at 0.745175

intermediate term down The intermediate-term trend has been DOWN since Mar 15th, 2024 at 0.735720

short term down The short-term trend has been DOWN since Mar 27th, 2024 at 0.730110

Smart Scan Analysis for NOKHKD

Based on our trend formula, NOKHKD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for NOKHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.725110 0.725530 0.720585 0.720915 -0.004195
Prev. Close Volume Bid Ask Time
0.725110 2024-03-28 15:03:59
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