Forex Trend Analysis Report
Prepared for you on Thursday, April 22, 2021.
Norwegian Krone/US Dollar (FOREX:NOKUSD)
Strong Uptrend (+100) - NOKUSD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, NOKUSD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid NOKUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOKUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NOKUSD
The long-term trend has been UP since Jul 20th, 2020 at 0.1087040
The intermediate-term trend has been UP since Apr 14th, 2021 at 0.1185195
The short-term trend has been UP since Apr 14th, 2021 at 0.1182075
Smart Scan Analysis for NOKUSD
Based on our trend formula, NOKUSD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).