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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

Norwegian Krone/United Arab Emirates Dirham (FOREX:NOKAED)

Crossroads (-60) - NOKAED is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_NOKAED
Open High Low NOKAED Price Change
0.42703733 0.42745468 0.42417506 0.42745468 +0.00041700
Entry Signal

MarketClub’s Trade Triangles for NOKAED

long term up The long-term trend has been UP since Dec 16th, 2020 at 0.42343075

intermediate term down The intermediate-term trend has been DOWN since Feb 26th, 2021 at 0.42458900

short term down The short-term trend has been DOWN since Feb 25th, 2021 at 0.43077230

Smart Scan Analysis for NOKAED

Based on our trend formula, NOKAED is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for NOKAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.42703733 0.42745468 0.42417506 0.42745468 +0.00041700
Prev. Close Volume Bid Ask Time
0.42703733 2021-03-01 10:44:41
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