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Forex Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
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.
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MarketClub’s Trade Triangles for JPYNOK
The long-term trend has been DOWN since Dec 25th, 2023 at 0.070947
The intermediate-term trend has been UP since Mar 11th, 2024 at 0.071244
The short-term trend has been DOWN since Apr 22nd, 2024 at 0.071055
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.070994 | 0.071179 | 0.070798 | 0.070848 | -0.000146 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.070994 | 2024-04-23 10:00:29 |