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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Norwegian Krone/Indian Rupee (FOREX:NOKINR)
Long-Term Uptrend (+90) - NOKINR is in a strong uptrend that is likely to continue. While NOKINR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 Feb 5th, 2025 at 7.789974
The intermediate-term trend has been UP since Apr 28th, 2025 at 8.257198
The short-term trend has been UP since May 6th, 2025 at 8.176612
Smart Scan Analysis for NOKINR
Based on our trend formula, NOKINR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.208471 | 8.242320 | 8.184590 | 8.222518 | +0.014047 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.208471 | 2025-05-09 07:13:55 |