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Forex Trend Analysis Report

Prepared for you on Thursday, September 28, 2023.

Norwegian Krone/Indian Rupee (FOREX:NOKINR)

Crossroads (+60) - NOKINR 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 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.

FOREX_NOKINR
Open High Low NOKINR Price Change
7.737528 7.774417 7.603585 7.755158 +0.017630
Entry Signal

MarketClub’s Trade Triangles for NOKINR

long term up The long-term trend has been UP since Jul 17th, 2023 at 8.015035

intermediate term down The intermediate-term trend has been DOWN since Aug 1st, 2023 at 8.041833

short term down The short-term trend has been DOWN since Sep 28th, 2023 at 7.638271

Smart Scan Analysis for NOKINR

Based on our trend formula, NOKINR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for NOKINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.737528 7.774417 7.603585 7.755158 +0.017630
Prev. Close Volume Bid Ask Time
7.737528 2023-09-28 21:31:53
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