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.
MarketClub’s Trade Triangles for NOKINR
The long-term trend has been DOWN since Feb 3rd, 2020 at 7.697203
The intermediate-term trend has been UP since Apr 8th, 2020 at 7.524161
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).