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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

Japanese Yen/Norwegian Krone (FOREX:JPYNOK)

Sidelines Mode (+55) - JPYNOK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.092933 0.093270 0.092903 0.093115 +0.000182
Entry Signal

MarketClub’s Trade Triangles for JPYNOK

long term up The long-term trend has been UP since Feb 3rd, 2020 at 0.085117

intermediate term down The intermediate-term trend has been DOWN since May 11th, 2020 at 0.095149

short term up The short-term trend has been UP since May 22nd, 2020 at 0.093748

Smart Scan Analysis for JPYNOK

Based on our trend formula, JPYNOK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for JPYNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.092933 0.093270 0.092903 0.093115 +0.000182
Prev. Close Volume Bid Ask Time
0.092933 0.092915 0.093315 2020-05-25 04:35:02
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