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Forex Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

Norwegian Krone/Indian Rupee (FOREX:NOKINR)

Bull Market Weakness (+75) - NOKINR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NOKINR as it may be in the beginning stages of a reversal.

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
8.552843 8.647706 8.483167 8.488720 -0.064123
Entry Signal

MarketClub’s Trade Triangles for NOKINR

long term up The long-term trend has been UP since Dec 3rd, 2020 at 8.460167

intermediate term up The intermediate-term trend has been UP since Feb 15th, 2021 at 8.662689

short term up The short-term trend has been UP since Feb 24th, 2021 at 8.610319

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).

+70
Smart Scan Analysis for NOKINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.552843 8.647706 8.483167 8.488720 -0.064123
Prev. Close Volume Bid Ask Time
8.552843 2021-02-26 17:08:00
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