Forex Trend Analysis Report
Prepared for you on Friday, November 27, 2020.
Norwegian Krone/Singapore Dollar (FOREX:NOKSGD)
Bull Market Weakness (+75) - NOKSGD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NOKSGD as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for NOKSGD
The long-term trend has been DOWN since Oct 29th, 2020 at 0.1434050
The intermediate-term trend has been UP since Nov 9th, 2020 at 0.1488835
The short-term trend has been UP since Nov 3rd, 2020 at 0.1440705
Smart Scan Analysis for NOKSGD
Based on our trend formula, NOKSGD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).