Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Norwegian Krone/Japanese Yen (FOREX:NOKJPY)
Strong Uptrend (+100) - NOKJPY is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, NOKJPY continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid NOKJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOKJPY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NOKJPY
The long-term trend has been UP since Dec 31st, 2020 at 12.215250
The intermediate-term trend has been UP since Feb 5th, 2021 at 12.338525
The short-term trend has been UP since Feb 24th, 2021 at 12.533163
Smart Scan Analysis for NOKJPY
Based on our trend formula, NOKJPY is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).