Forex Trend Analysis Report
Prepared for you on Tuesday, November 29, 2022.
Norwegian Krone/Israeli Shekel (FOREX:NOKILS)
Sidelines Mode (-55) - NOKILS is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid NOKILS?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOKILS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NOKILS
The long-term trend has been DOWN since May 11th, 2022 at 0.35229647
The intermediate-term trend has been UP since Oct 5th, 2022 at 0.34692056
The short-term trend has been DOWN since Nov 28th, 2022 at 0.34286215
Smart Scan Analysis for NOKILS
Based on our trend formula, NOKILS is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).