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.
MarketClub’s Trade Triangles for NOKGBP
The long-term trend has been UP since Dec 25th, 2020 at 0.08687147
The intermediate-term trend has been DOWN since Jan 25th, 2021 at 0.08535929
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).