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Forex Trend Analysis Report

Prepared for you on Sunday, December 10, 2023.

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

Weak Downtrend (-65) - NOKAED is showing signs of a strengthening downtrend. Monitor NOKAED as it may be building momentum to the downside.

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
0.33780602 0.33780602 0.33780602 0.33780602 0.00000000
Entry Signal

MarketClub’s Trade Triangles for NOKAED

long term down The long-term trend has been DOWN since Oct 2nd, 2023 at 0.33813406

intermediate term up The intermediate-term trend has been UP since Nov 14th, 2023 at 0.33360766

short term down The short-term trend has been DOWN since Nov 30th, 2023 at 0.34208894

Smart Scan Analysis for NOKAED

Based on our trend formula, NOKAED is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for NOKAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.33780602 0.33780602 0.33780602 0.33780602 0.00000000
Prev. Close Volume Bid Ask Time
0.33780602 2023-12-09 14:27:09
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