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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Norwegian Krone/Indian Rupee (FOREX:NOKINR)
Weak Uptrend (+65) - NOKINR is showing signs of weakening momentum to the upside. Monitor 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.
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MarketClub’s Trade Triangles for NOKINR
The long-term trend has been UP since Aug 19th, 2024 at 8.003558
The intermediate-term trend has been DOWN since Oct 8th, 2024 at 7.833661
The short-term trend has been UP since Nov 15th, 2024 at 7.646815
Smart Scan Analysis for NOKINR
Based on our trend formula, NOKINR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.681591 | 7.686647 | 7.656180 | 7.659436 | -0.022155 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.681591 | 2024-11-20 03:52:10 |