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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Norwegian Krone/Hungarian Forint (FOREX:NOKHUF)
Crossroads (-60) - NOKHUF is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for NOKHUF
The long-term trend has been UP since Jan 29th, 2024 at 34.51090
The intermediate-term trend has been DOWN since Mar 15th, 2024 at 34.00090
The short-term trend has been DOWN since Apr 17th, 2024 at 33.66075
Smart Scan Analysis for NOKHUF
Based on our trend formula, NOKHUF is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 33.64800 | 33.65215 | 33.63115 | 33.64925 | +0.00125 |
| Prev. Close | Volume | Bid | Ask | Time |
| 33.64800 | 2024-04-19 00:14:36 |