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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Norwegian Krone/Swedish Krona (FOREX:NOKSEK)
Strong Uptrend (+100) - NOKSEK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, NOKSEK 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 NOKSEK?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOKSEK.
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 NOKSEK
The long-term trend has been UP since Apr 3rd, 2024 at 1.017415
The intermediate-term trend has been UP since Mar 29th, 2024 at 0.992205
The short-term trend has been UP since May 3rd, 2024 at 0.997030
Smart Scan Analysis for NOKSEK
Based on our trend formula, NOKSEK is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.000745 | 1.001505 | 0.998190 | 0.999995 | -0.000750 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.000745 | 2024-05-09 15:59:51 |