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Forex Trend Analysis Report

Prepared for you on Monday, March 18, 2024.

Norwegian Krone/Indian Rupee (FOREX:NOKINR)

Crossroads (-60) - NOKINR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_NOKINR
Open High Low NOKINR Price Change
7.807646 7.840305 7.772861 7.783402 -0.024244
Entry Signal

MarketClub’s Trade Triangles for NOKINR

long term up The long-term trend has been UP since Dec 14th, 2023 at 7.872162

intermediate term down The intermediate-term trend has been DOWN since Mar 18th, 2024 at 7.783465

short term down The short-term trend has been DOWN since Mar 11th, 2024 at 7.889686

Smart Scan Analysis for NOKINR

Based on our trend formula, NOKINR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for NOKINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.807646 7.840305 7.772861 7.783402 -0.024244
Prev. Close Volume Bid Ask Time
7.807646 2024-03-18 22:53:09
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