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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Norwegian Krone/Euro (FOREX:NOKEUR)

Weak Downtrend (-65) - NOKEUR is showing signs of a strengthening downtrend. Monitor NOKEUR as it may be building momentum to the downside.

Is it time to buy, sell, or avoid NOKEUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for NOKEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_NOKEUR
Open High Low NOKEUR Price Change
0.08618777 0.08625022 0.08602692 0.08611150 -0.00007600
Entry Signal

MarketClub’s Trade Triangles for NOKEUR

long term up The long-term trend has been UP since Dec 22nd, 2023 at 0.0891181

intermediate term down The intermediate-term trend has been DOWN since Jan 16th, 2024 at 0.0877145

short term down The short-term trend has been DOWN since Mar 11th, 2024 at 0.0874585

Smart Scan Analysis for NOKEUR

Based on our trend formula, NOKEUR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for NOKEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.08618777 0.08625022 0.08602692 0.08611150 -0.00007600
Prev. Close Volume Bid Ask Time
0.08618777 2024-03-19 02:57:23
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