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Forex Trend Analysis Report

Prepared for you on Monday, April 12, 2021.

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.

FOREX_NOKHUF
Open High Low NOKHUF Price Change
35.34145 35.39095 35.22515 35.31960 -0.02185
Entry Signal

MarketClub’s Trade Triangles for NOKHUF

long term up The long-term trend has been UP since Jun 8th, 2020 at 32.85515

intermediate term down The intermediate-term trend has been DOWN since Apr 7th, 2021 at 35.62260

short term down The short-term trend has been DOWN since Apr 2nd, 2021 at 35.94960

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).

-60
Smart Scan Analysis for NOKHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
35.34145 35.39095 35.22515 35.31960 -0.02185
Prev. Close Volume Bid Ask Time
35.34145 2021-04-12 11:03:59
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