Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

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
14.110540 14.166220 14.100234 14.137747 +0.027207
Entry Signal

MarketClub’s Trade Triangles for NOKJPY

long term up The long-term trend has been UP since Nov 7th, 2024 at 14.039000

intermediate term up The intermediate-term trend has been UP since Oct 2nd, 2024 at 13.873134

short term up The short-term trend has been UP since Nov 18th, 2024 at 14.068964

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
14.110540 14.166220 14.100234 14.137747 +0.027207
Prev. Close Volume Bid Ask Time
14.110540 2024-11-20 03:33:18
Get a free daily analysis and signals for Norwegian Krone/Japanese Yen (NOKJPY) - Request Your Free Report.