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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Japanese Yen/Norwegian Krone (FOREX:JPYNOK)
Long-Term Uptrend (+90) - JPYNOK is in a strong uptrend that is likely to continue. While JPYNOK 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 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.
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MarketClub’s Trade Triangles for JPYNOK
The long-term trend has been UP since Jul 24th, 2024 at 0.0724080
The intermediate-term trend has been UP since Jul 12th, 2024 at 0.0681520
The short-term trend has been UP since Jul 10th, 2024 at 0.0663825
Smart Scan Analysis for JPYNOK
Based on our trend formula, JPYNOK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0716585 | 0.0718850 | 0.0709805 | 0.0715610 | -0.0000980 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0716585 | 2024-07-26 17:00:52 |