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Forex Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

Norwegian Krone/British Pound (FOREX:NOKGBP)

Crossroads (-60) - NOKGBP 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 NOKGBP?

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

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

FOREX_NOKGBP
Open High Low NOKGBP Price Change
0.08385650 0.08431617 0.08268324 0.08301226 -0.00084400
Entry Signal

MarketClub’s Trade Triangles for NOKGBP

long term up The long-term trend has been UP since Dec 25th, 2020 at 0.08687147

intermediate term down The intermediate-term trend has been DOWN since Jan 25th, 2021 at 0.08535929

short term down The short-term trend has been DOWN since Feb 26th, 2021 at 0.08313164

Smart Scan Analysis for NOKGBP

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

-60
Smart Scan Analysis for NOKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.08385650 0.08431617 0.08268324 0.08301226 -0.00084400
Prev. Close Volume Bid Ask Time
0.08385650 2021-02-26 17:11:44
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