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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.

FOREX_NOKQAR
Open High Low NOKQAR Price Change
0.43187779 0.43187779 0.43187779 0.43187779 0.00000000
Entry Signal

MarketClub’s Trade Triangles for NOKQAR

long term up The long-term trend has been UP since Oct 14th, 2021 at 0.43185934

intermediate term up The intermediate-term trend has been UP since Oct 14th, 2021 at 0.42413520

short term up 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).

+80
Smart Scan Analysis for NOKQAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.43187779 0.43187779 0.43187779 0.43187779 0.00000000
Prev. Close Volume Bid Ask Time
0.43187779 2021-10-14 07:18:42
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