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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Norwegian Krone/Qatari Rial (FOREX:NOKQAR)
Bear Market Rally (-75) - NOKQAR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NOKQAR as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid NOKQAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOKQAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for NOKQAR
The long-term trend has been DOWN since Apr 14th, 2024 at 0.33572630
The intermediate-term trend has been UP since May 7th, 2024 at 0.33529487
The short-term trend has been DOWN since May 8th, 2024 at 0.33442145
Smart Scan Analysis for NOKQAR
Based on our trend formula, NOKQAR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.3335404 | 0.3335404 | 0.3335404 | 0.3335404 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.3335404 | 2024-05-08 07:26:31 |