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Forex Trend Analysis Report

Prepared for you on Saturday, April 13, 2024.

Norwegian Krone/British Pound (FOREX:NOKGBP)

Weak Downtrend (-65) - NOKGBP is showing signs of a strengthening downtrend. Monitor NOKGBP as it may be building momentum to the downside.

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
0.07356064 0.07381406 0.07341223 0.07377862 +0.00021800
Entry Signal

MarketClub’s Trade Triangles for NOKGBP

long term down The long-term trend has been DOWN since Mar 29th, 2024 at 0.07233068

intermediate term down The intermediate-term trend has been DOWN since Feb 28th, 2024 at 0.07430712

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 0.07357000

Smart Scan Analysis for NOKGBP

Based on our trend formula, NOKGBP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for NOKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.07356064 0.07381406 0.07341223 0.07377862 +0.00021800
Prev. Close Volume Bid Ask Time
0.07356064 2024-04-12 17:05:41
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