Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, January 25, 2022.

Norwegian Krone/Swedish Krona (FOREX:NOKSEK)

Sidelines Mode (+55) - NOKSEK 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 NOKSEK?

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

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

FOREX_NOKSEK
Open High Low NOKSEK Price Change
1.030635 1.032700 1.028050 1.029300 -0.001335
Entry Signal

MarketClub’s Trade Triangles for NOKSEK

long term up The long-term trend has been UP since Sep 23rd, 2021 at 1.00767

intermediate term up The intermediate-term trend has been UP since Jan 18th, 2022 at 1.03845

short term down The short-term trend has been DOWN since Jan 24th, 2022 at 1.03120

Smart Scan Analysis for NOKSEK

Based on our trend formula, NOKSEK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for NOKSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.030635 1.032700 1.028050 1.029300 -0.001335
Prev. Close Volume Bid Ask Time
1.030635 2022-01-25 04:08:32
Get a free daily analysis and signals for Norwegian Krone/Swedish Krona (NOKSEK) - Request Your Free Report.