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Forex Trend Analysis Report

Prepared for you on Saturday, February 22, 2025.

Norwegian Krone/Japanese Yen (FOREX:NOKJPY)

Strong Downtrend (-100) - NOKJPY is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NOKJPY continues to fall. 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.

FOREX_NOKJPY
Open High Low NOKJPY Price Change
13.542995 13.573463 13.359000 13.386048 -0.156947
Entry Signal

MarketClub’s Trade Triangles for NOKJPY

long term down The long-term trend has been DOWN since Feb 9th, 2025 at 13.381107

intermediate term down The intermediate-term trend has been DOWN since Jan 30th, 2025 at 13.588000

short term down The short-term trend has been DOWN since Feb 17th, 2025 at 13.602496

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
13.542995 13.573463 13.359000 13.386048 -0.156947
Prev. Close Volume Bid Ask Time
13.542995 2025-02-21 17:03:30
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