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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
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.
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MarketClub’s Trade Triangles for NOKEUR
The long-term trend has been DOWN since Jul 19th, 2024 at 0.08408127
The intermediate-term trend has been UP since Nov 15th, 2024 at 0.08549475
The short-term trend has been UP since Nov 6th, 2024 at 0.08383641
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.08591363 | 0.08599500 | 0.08585902 | 0.08590697 | -0.00000700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.08591363 | 2024-11-20 03:43:35 |