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Forex Trend Analysis Report

Prepared for you on Saturday, June 25, 2022.

Norwegian Krone/Hungarian Forint (FOREX:NOKHUF)

Bull Market Weakness (+75) - NOKHUF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NOKHUF as it may be in the beginning stages of a reversal.

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

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

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

FOREX_NOKHUF
Open High Low NOKHUF Price Change
38.08445 38.61125 38.07465 38.60285 +0.51840
Entry Signal

MarketClub’s Trade Triangles for NOKHUF

long term up The long-term trend has been UP since Feb 28th, 2022 at 37.23075

intermediate term down The intermediate-term trend has been DOWN since Jun 22nd, 2022 at 37.72510

short term up The short-term trend has been UP since Jun 24th, 2022 at 38.41090

Smart Scan Analysis for NOKHUF

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

+75
Smart Scan Analysis for NOKHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
38.08445 38.61125 38.07465 38.60285 +0.51840
Prev. Close Volume Bid Ask Time
38.08445 2022-06-24 17:03:06
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