Future Trend Analysis Report
Prepared for you on Wednesday, May 12, 2021.
US $/NORWEGIAN KRONE JUNE 2021 (ICE:@NT.M21)
Weak Downtrend (-65) - @NT.M21 is showing signs of a strengthening downtrend. Monitor @NT.M21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid @NT.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @NT.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @NT.M21
The long-term trend has been DOWN since Dec 3rd, 2020 at 8.76345
The intermediate-term trend has been DOWN since Apr 14th, 2021 at 8.44100
The short-term trend has been DOWN since May 7th, 2021 at 8.27815
Smart Scan Analysis for @NT.M21
Based on our trend formula, @NT.M21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||8.613||52wk High Date||2021-03-29|
|52wk Low||8.201||52wk Low Date||2021-04-30|