Forex Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
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 DOWN since Jun 16th, 2022 at 0.08145918
The intermediate-term trend has been UP since Jul 4th, 2022 at 0.08407610
The short-term trend has been UP since Aug 18th, 2022 at 0.08607222
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).