Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Norwegian Krone/British Pound (FOREX:NOKGBP)

Strong Downtrend (-100) - NOKGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NOKGBP continues to fall. Traders should use caution and set stops.

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

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

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

FOREX_NOKGBP
Open High Low NOKGBP Price Change
0.07292952 0.07305581 0.07248836 0.07258550 -0.00034400
Entry Signal

MarketClub’s Trade Triangles for NOKGBP

long term down The long-term trend has been DOWN since Mar 29th, 2024 at 0.07233068

intermediate term down The intermediate-term trend has been DOWN since Feb 28th, 2024 at 0.07430712

short term down The short-term trend has been DOWN since Apr 24th, 2024 at 0.07311643

Smart Scan Analysis for NOKGBP

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

-100
Smart Scan Analysis for NOKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.07292952 0.07305581 0.07248836 0.07258550 -0.00034400
Prev. Close Volume Bid Ask Time
0.07292952 2024-04-26 14:34:08
Get a free daily analysis and signals for Norwegian Krone/British Pound (NOKGBP) - Request Your Free Report.