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Forex Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

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
7.743545 7.828584 7.723639 7.759778 +0.016233
Entry Signal

MarketClub’s Trade Triangles for NOKINR

long term down The long-term trend has been DOWN since Feb 3rd, 2020 at 7.697203

intermediate term up The intermediate-term trend has been UP since Apr 8th, 2020 at 7.524161

short term up The short-term trend has been UP since May 26th, 2020 at 7.624246

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
7.743545 7.828584 7.723639 7.759778 +0.016233
Prev. Close Volume Bid Ask Time
7.743545 7.759726 7.759829 2020-05-29 17:08:00
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