Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
Norwegian Krone/Japanese Yen (FOREX:NOKJPY)
Countertrend Up (+85) - NOKJPY is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 Mar 16th, 2022 at 13.278895
The intermediate-term trend has been UP since Jul 19th, 2022 at 13.956605
The short-term trend has been DOWN since Aug 15th, 2022 at 13.870236
Smart Scan Analysis for NOKJPY
Based on our trend formula, NOKJPY is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 13.870700 | 13.897210 | 13.832144 | 13.888110 | +0.017410 |
| Prev. Close | Volume | Bid | Ask | Time |
| 13.870700 | 2022-08-15 03:50:27 |