Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
British Pound/Norwegian Krone (FOREX:GBPNOK)
Long-Term Uptrend (+90) - GBPNOK is in a strong uptrend that is likely to continue. While GBPNOK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid GBPNOK?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPNOK.
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 GBPNOK
The long-term trend has been UP since Jul 9th, 2024 at 13.905834
The intermediate-term trend has been UP since Sep 2nd, 2024 at 13.966376
The short-term trend has been UP since Oct 23rd, 2024 at 14.289488
Smart Scan Analysis for GBPNOK
Based on our trend formula, GBPNOK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
14.2159 | 14.2159 | 14.2159 | 14.2159 | 0.0000 |
Prev. Close | Volume | Bid | Ask | Time |
14.2159 | 2024-10-26 04:46:24 |