Forex Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
Norwegian Krone/Qatari Rial (FOREX:NOKQAR)
Countertrend Up (+85) - NOKQAR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid NOKQAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOKQAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NOKQAR
The long-term trend has been UP since Oct 14th, 2021 at 0.43185934
The intermediate-term trend has been UP since Oct 14th, 2021 at 0.42413520
The short-term trend has been UP since Oct 4th, 2021 at 0.42158287
Smart Scan Analysis for NOKQAR
Based on our trend formula, NOKQAR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).