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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

Norwegian Krone/Euro (FOREX:NOKEUR)

Crossroads (-60) - NOKEUR 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 NOKEUR?

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

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

FOREX_NOKEUR
Open High Low NOKEUR Price Change
0.09599950 0.09675417 0.09584950 0.09665193 +0.00065200
Entry Signal

MarketClub’s Trade Triangles for NOKEUR

long term up The long-term trend has been UP since Jan 4th, 2021 at 0.09571893

intermediate term down The intermediate-term trend has been DOWN since Feb 26th, 2021 at 0.09584053

short term down The short-term trend has been DOWN since Feb 25th, 2021 at 0.09636116

Smart Scan Analysis for NOKEUR

Based on our trend formula, NOKEUR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for NOKEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.09599950 0.09675417 0.09584950 0.09665193 +0.00065200
Prev. Close Volume Bid Ask Time
0.09599950 2021-03-01 10:39:21
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