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Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

Japanese Yen/Norwegian Krone (FOREX:JPYNOK)

Strong Downtrend (-100) - JPYNOK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
0.0726345 0.0735070 0.0726090 0.0733670 +0.0007320
Entry Signal

MarketClub’s Trade Triangles for JPYNOK

long term down The long-term trend has been DOWN since Oct 8th, 2021 at 0.076719

intermediate term down The intermediate-term trend has been DOWN since Sep 23rd, 2021 at 0.077986

short term down The short-term trend has been DOWN since Oct 4th, 2021 at 0.077500

Smart Scan Analysis for JPYNOK

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

-100
Smart Scan Analysis for JPYNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0726345 0.0735070 0.0726090 0.0733670 +0.0007320
Prev. Close Volume Bid Ask Time
0.0726345 2021-10-21 16:51:27
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