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Forex Trend Analysis Report
Prepared for you on Thursday, March 30, 2023.
Norwegian Krone/Euro (FOREX:NOKEUR)
Long-Term Downtrend (-90) - NOKEUR is in a strong downtrend that is likely to continue. While NOKEUR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for NOKEUR
The long-term trend has been DOWN since Sep 30th, 2022 at 0.09477503
The intermediate-term trend has been DOWN since Nov 20th, 2022 at 0.09483168
The short-term trend has been DOWN since Mar 30th, 2023 at 0.08799800
Smart Scan Analysis for NOKEUR
Based on our trend formula, NOKEUR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.08839150 | 0.08863196 | 0.08793988 | 0.08828799 | -0.00010400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.08839150 | 2023-03-30 22:14:37 |