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Forex Trend Analysis Report
Prepared for you on Saturday, April 1, 2023.
Norwegian Krone/Brazilian Real (FOREX:NOKBRL)
Bear Market Rally (-75) - NOKBRL is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NOKBRL as it may be in the beginning 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 DOWN since Mar 7th, 2023 at 0.49401631
The intermediate-term trend has been UP since Mar 23rd, 2023 at 0.50858535
The short-term trend has been DOWN since Mar 27th, 2023 at 0.49652174
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 |
|---|---|---|---|---|
| 0.49043085 | 0.49089474 | 0.48244962 | 0.48270701 | -0.00772400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.49043085 | 2023-03-31 17:27:11 |