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Forex Trend Analysis Report
Prepared for you on Monday, September 16, 2024.
Norwegian Krone/Mexican Peso (FOREX:NOKMXN)
Weak Downtrend (-65) - NOKMXN is showing signs of a strengthening downtrend. Monitor NOKMXN as it may be building momentum to the downside.
Is it time to buy, sell, or avoid NOKMXN?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOKMXN.
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 NOKMXN
The long-term trend has been UP since Jun 3rd, 2024 at 1.630665
The intermediate-term trend has been DOWN since Sep 15th, 2024 at 1.800245
The short-term trend has been DOWN since Sep 9th, 2024 at 1.858845
Smart Scan Analysis for NOKMXN
Based on our trend formula, NOKMXN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.806965 | 1.827965 | 1.805205 | 1.813375 | +0.006410 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.806965 | 2024-09-16 19:21:37 |