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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Norwegian Krone/Japanese Yen (FOREX:NOKJPY)
Long-Term Downtrend (-90) - NOKJPY is in a strong downtrend that is likely to continue. While NOKJPY is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for NOKJPY
The long-term trend has been DOWN since Jul 24th, 2024 at 13.807736
The intermediate-term trend has been DOWN since Jul 12th, 2024 at 14.667773
The short-term trend has been DOWN since Jul 10th, 2024 at 15.114650
Smart Scan Analysis for NOKJPY
Based on our trend formula, NOKJPY is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 13.955602 | 14.091726 | 13.905959 | 13.988252 | +0.032650 |
| Prev. Close | Volume | Bid | Ask | Time |
| 13.955602 | 2024-07-26 17:02:59 |