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Forex Trend Analysis Report
Prepared for you on Friday, May 30, 2025.
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 16th, 2025 at 0.56112897
The intermediate-term trend has been UP since May 21st, 2025 at 0.55829948
The short-term trend has been DOWN since May 27th, 2025 at 0.55793843
Smart Scan Analysis for NOKBRL
Based on our trend formula, NOKBRL is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.55887328 | 0.56158242 | 0.55546652 | 0.56022552 | +0.00135200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.55887328 | 2025-05-30 17:28:45 |