Forex Trend Analysis Report
Prepared for you on Friday, March 29, 2024.
Norwegian Krone/Russian Ruble (FOREX:NOKRUB)
Strong Downtrend (-100) - NOKRUB is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NOKRUB continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid NOKRUB?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOKRUB.
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 NOKRUB
The long-term trend has been DOWN since Nov 7th, 2023 at 8.203775
The intermediate-term trend has been DOWN since Mar 28th, 2024 at 8.540944
The short-term trend has been DOWN since Mar 27th, 2024 at 8.604534
Smart Scan Analysis for NOKRUB
Based on our trend formula, NOKRUB is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
8.556947 | 8.587274 | 8.506133 | 8.549008 | -0.007939 |
Prev. Close | Volume | Bid | Ask | Time |
8.515044 | 2024-03-28 11:51:04 |