Forex Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
Norwegian Krone/Singapore Dollar (FOREX:NOKSGD)
Strong Downtrend (-100) - NOKSGD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NOKSGD continues to fall. Traders should use caution and set stops.
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 Apr 27th, 2022 at 0.1489310
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 0.1412415
The short-term trend has been DOWN since Jul 5th, 2022 at 0.1399555
Smart Scan Analysis for NOKSGD
Based on our trend formula, NOKSGD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).