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Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
Norwegian Krone/Singapore Dollar (FOREX:NOKSGD)
Sidelines Mode (-55) - NOKSGD 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 NOKSGD?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOKSGD.
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 NOKSGD
The long-term trend has been DOWN since Jul 22nd, 2024 at 0.1225405
The intermediate-term trend has been DOWN since Dec 6th, 2024 at 0.1201900
The short-term trend has been UP since Feb 4th, 2025 at 0.1202455
Smart Scan Analysis for NOKSGD
Based on our trend formula, NOKSGD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.1202920 | 0.1205805 | 0.1202185 | 0.1204960 | +0.0002040 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.1202920 | 2025-02-05 03:53:44 |