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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Norwegian Krone/Brazilian Real (FOREX:NOKBRL)
Bull Market Weakness (+75) - NOKBRL is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NOKBRL as it may be in the beginning stages of a reversal.
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 DOWN since Jul 9th, 2024 at 0.50095321
The short-term trend has been UP since Jul 24th, 2024 at 0.51325319
Smart Scan Analysis for NOKBRL
Based on our trend formula, NOKBRL is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.51210007 | 0.51831175 | 0.51130257 | 0.51822928 | +0.00612900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.51210007 | 2024-07-26 17:04:20 |