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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Norwegian Krone/Indian Rupee (FOREX:NOKINR)
Countertrend Down (-85) - NOKINR 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 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 Apr 17th, 2024 at 7.579249
The intermediate-term trend has been DOWN since Mar 18th, 2024 at 7.783465
The short-term trend has been UP since Apr 23rd, 2024 at 7.605442
Smart Scan Analysis for NOKINR
Based on our trend formula, NOKINR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.594932 | 7.617267 | 7.577729 | 7.577729 | -0.017203 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.594932 | 2024-04-26 06:33:31 |