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Forex Trend Analysis Report
Prepared for you on Thursday, May 8, 2025.
Norwegian Krone/Hong Kong Dollar (FOREX:NOKHKD)
Countertrend Up (+85) - NOKHKD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for NOKHKD
The long-term trend has been UP since Mar 5th, 2025 at 0.706805
The intermediate-term trend has been UP since Apr 29th, 2025 at 0.751915
The short-term trend has been DOWN since May 8th, 2025 at 0.743775
Smart Scan Analysis for NOKHKD
Based on our trend formula, NOKHKD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.75217 | 0.75246 | 0.74288 | 0.74477 | -0.00740 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.75217 | 2025-05-08 23:55:09 |