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Forex Trend Analysis Report

Prepared for you on Saturday, January 25, 2025.

Japanese Yen/Norwegian Krone (FOREX:JPYNOK)

Bear Market Rally (-75) - JPYNOK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on JPYNOK as it may be in the beginning of a reversal.

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

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

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

FOREX_JPYNOK
Open High Low JPYNOK Price Change
0.072427 0.072441 0.071585 0.071749 -0.000678
Entry Signal

MarketClub’s Trade Triangles for JPYNOK

long term down The long-term trend has been DOWN since Nov 7th, 2024 at 0.0712425

intermediate term up The intermediate-term trend has been UP since Jan 12th, 2025 at 0.0732180

short term down The short-term trend has been DOWN since Jan 20th, 2025 at 0.0725670

Smart Scan Analysis for JPYNOK

Based on our trend formula, JPYNOK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for JPYNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.072427 0.072441 0.071585 0.071749 -0.000678
Prev. Close Volume Bid Ask Time
0.072427 2025-01-24 17:07:06
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