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.
MarketClub’s Trade Triangles for NOKSGD
The long-term trend has been UP since Oct 4th, 2021 at 0.1581460
The intermediate-term trend has been UP since Sep 22nd, 2021 at 0.1567175
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).