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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.

FOREX_NOKJPY
Open High Low NOKJPY Price Change
12.419980 12.492170 12.380161 12.460456 +0.040476
Entry Signal

MarketClub’s Trade Triangles for NOKJPY

long term up The long-term trend has been UP since Dec 31st, 2020 at 12.215250

intermediate term up The intermediate-term trend has been UP since Feb 5th, 2021 at 12.338525

short term up 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).

+100
Smart Scan Analysis for NOKJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.419980 12.492170 12.380161 12.460456 +0.040476
Prev. Close Volume Bid Ask Time
12.419980 2021-02-26 05:39:42
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