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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
Norwegian Krone/Indian Rupee (FOREX:NOKINR)
Weak Downtrend (-65) - NOKINR is showing signs of a strengthening downtrend. Monitor NOKINR as it may be building momentum to the downside.
Is it time to buy, sell, or avoid NOKINR?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOKINR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for NOKINR
The long-term trend has been DOWN since Nov 26th, 2024 at 7.527846
The intermediate-term trend has been DOWN since Oct 8th, 2024 at 7.833661
The short-term trend has been DOWN since Jan 17th, 2025 at 7.562465
Smart Scan Analysis for NOKINR
Based on our trend formula, NOKINR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.578394 | 7.641416 | 7.570360 | 7.616565 | +0.038171 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.578394 | 2025-01-20 09:47:06 |