Future Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
US $/NORWEGIAN KRONE DECEMBER 2023 (ICE:@NT.Z23)
Sidelines Mode (+55) - @NT.Z23 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid @NT.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for @NT.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @NT.Z23
The long-term trend has been UP since Oct 3rd, 2023 at 10.8280
The intermediate-term trend has been DOWN since Nov 14th, 2023 at 11.0135
The short-term trend has been UP since Dec 1st, 2023 at 10.7730
Smart Scan Analysis for @NT.Z23
Based on our trend formula, @NT.Z23 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.224||52wk High Date||2023-11-01|
|52wk Low||10.5625||52wk Low Date||2023-09-29|