Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Norwegian Krone/Euro (FOREX:NOKEUR)
Strong Downtrend (-100) - NOKEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NOKEUR continues to fall. 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 Mar 29th, 2024 at 0.08424653
The intermediate-term trend has been DOWN since Jan 16th, 2024 at 0.08771450
The short-term trend has been DOWN since Apr 10th, 2024 at 0.08572936
Smart Scan Analysis for NOKEUR
Based on our trend formula, NOKEUR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.08503357 | 0.08514200 | 0.08489800 | 0.08495441 | -0.00007900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.08503357 | 2024-04-19 03:40:37 |