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Forex Trend Analysis Report
Prepared for you on Friday, January 17, 2025.
Norwegian Krone/Brazilian Real (FOREX:NOKBRL)
Crossroads (-60) - NOKBRL 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 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 Jan 9th, 2025 at 0.53070187
The short-term trend has been DOWN since Jan 2nd, 2025 at 0.54126040
Smart Scan Analysis for NOKBRL
Based on our trend formula, NOKBRL is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.53208083 | 0.53476476 | 0.52891920 | 0.53205575 | -0.00002500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.53208083 | 2025-01-17 09:09:38 |