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Forex Trend Analysis Report

Prepared for you on Friday, May 30, 2025.

Norwegian Krone/Chinese Yuan Renminbi (FOREX:NOKCNY)

Sidelines Mode (-55) - NOKCNY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid NOKCNY?

MarketClub looks at technical strength and momentum to determine if the timing is right for NOKCNY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_NOKCNY
Open High Low NOKCNY Price Change
0.7099511 0.7109239 0.7039846 0.7051563 -0.0047950
Entry Signal

MarketClub’s Trade Triangles for NOKCNY

long term down The long-term trend has been DOWN since Apr 14th, 2025 at 0.6220773

intermediate term up The intermediate-term trend has been UP since May 20th, 2025 at 0.7073496

short term down The short-term trend has been DOWN since May 28th, 2025 at 0.7078793

Smart Scan Analysis for NOKCNY

Based on our trend formula, NOKCNY is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for NOKCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7099511 0.7109239 0.7039846 0.7051563 -0.0047950
Prev. Close Volume Bid Ask Time
0.7099511 2025-05-30 21:01:49
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