Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, October 19, 2021.

Norwegian Krone/Singapore Dollar (FOREX:NOKSGD)

Long-Term Uptrend (+90) - NOKSGD is in a strong uptrend that is likely to continue. While NOKSGD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

FOREX_NOKSGD
Open High Low NOKSGD Price Change
0.160559 0.161236 0.160192 0.160921 +0.000362
Entry Signal

MarketClub’s Trade Triangles for NOKSGD

long term up The long-term trend has been UP since Oct 4th, 2021 at 0.1581460

intermediate term up The intermediate-term trend has been UP since Sep 22nd, 2021 at 0.1567175

short term up The short-term trend has been UP since Oct 13th, 2021 at 0.1590265

Smart Scan Analysis for NOKSGD

Based on our trend formula, NOKSGD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for NOKSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.160559 0.161236 0.160192 0.160921 +0.000362
Prev. Close Volume Bid Ask Time
0.160559 2021-10-19 23:04:04
Get a free daily analysis and signals for Norwegian Krone/Singapore Dollar (NOKSGD) - Request Your Free Report.