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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

Euro/Norwegian Krone (FOREX:EURNOK)

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

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

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

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

FOREX_EURNOK
Open High Low EURNOK Price Change
10.387505 10.410400 10.330635 10.330635 -0.056870
Entry Signal

MarketClub’s Trade Triangles for EURNOK

long term down The long-term trend has been DOWN since Dec 21st, 2020 at 10.382565

intermediate term down The intermediate-term trend has been DOWN since Feb 10th, 2021 at 10.212935

short term up The short-term trend has been UP since Feb 26th, 2021 at 10.386200

Smart Scan Analysis for EURNOK

Based on our trend formula, EURNOK is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for EURNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.387505 10.410400 10.330635 10.330635 -0.056870
Prev. Close Volume Bid Ask Time
10.387505 2021-02-26 04:41:56
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