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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Norwegian Krone/Singapore Dollar (FOREX:NOKSGD)

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

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

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

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

FOREX_NOKSGD
Open High Low NOKSGD Price Change
0.1248770 0.1249495 0.1243625 0.1243915 -0.0004850
Entry Signal

MarketClub’s Trade Triangles for NOKSGD

long term up The long-term trend has been UP since Dec 19th, 2023 at 0.1287645

intermediate term down The intermediate-term trend has been DOWN since Mar 12th, 2024 at 0.1264580

short term down The short-term trend has been DOWN since Mar 27th, 2024 at 0.1253990

Smart Scan Analysis for NOKSGD

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

-70
Smart Scan Analysis for NOKSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1248770 0.1249495 0.1243625 0.1243915 -0.0004850
Prev. Close Volume Bid Ask Time
0.1248770 2024-03-28 15:54:27
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