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Forex Trend Analysis Report

Prepared for you on Wednesday, December 8, 2021.

Norwegian Krone/Israeli Shekel (FOREX:NOKILS)

Countertrend Down (-85) - NOKILS is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid NOKILS?

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

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

FOREX_NOKILS
Open High Low NOKILS Price Change
0.34787756 0.34968916 0.34563973 0.34906549 +0.00118800
Entry Signal

MarketClub’s Trade Triangles for NOKILS

long term down The long-term trend has been DOWN since Nov 15th, 2021 at 0.35628948

intermediate term down The intermediate-term trend has been DOWN since Nov 1st, 2021 at 0.37306437

short term up The short-term trend has been UP since Dec 7th, 2021 at 0.34879611

Smart Scan Analysis for NOKILS

Based on our trend formula, NOKILS is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for NOKILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.34787756 0.34968916 0.34563973 0.34906549 +0.00118800
Prev. Close Volume Bid Ask Time
0.34787756 2021-12-08 18:08:29
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