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Forex Trend Analysis Report

Prepared for you on Saturday, July 31, 2021.

Norwegian Krone/Qatari Rial (FOREX:NOKQAR)

Long-Term Downtrend (-90) - NOKQAR is in a strong downtrend that is likely to continue. While NOKQAR 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 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.

FOREX_NOKQAR
Open High Low NOKQAR Price Change
0.41536465 0.41536465 0.41536465 0.41536465 0.00000000
Entry Signal

MarketClub’s Trade Triangles for NOKQAR

long term down The long-term trend has been DOWN since Jul 2nd, 2021 at 0.43210554

intermediate term down The intermediate-term trend has been DOWN since Jul 2nd, 2021 at 0.43210554

short term down The short-term trend has been DOWN since Jul 18th, 2021 at 0.42726323

Smart Scan Analysis for NOKQAR

Based on our trend formula, NOKQAR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for NOKQAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.41536465 0.41536465 0.41536465 0.41536465 0.00000000
Prev. Close Volume Bid Ask Time
0.41536465 2021-07-30 07:19:42
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