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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Norwegian Krone/Brazilian Real (FOREX:NOKBRL)
Countertrend Up (+85) - NOKBRL is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid NOKBRL?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOKBRL.
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 NOKBRL
The long-term trend has been UP since Apr 15th, 2024 at 0.48222577
The intermediate-term trend has been UP since Dec 9th, 2024 at 0.55200872
The short-term trend has been UP since Dec 24th, 2024 at 0.54614762
Smart Scan Analysis for NOKBRL
Based on our trend formula, NOKBRL is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.59243429 | 0.59370180 | 0.54006016 | 0.54322550 | -0.04920900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.59243429 | 2024-12-26 17:35:39 |