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Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2025.

Norwegian Krone/Russian Ruble (FOREX:NOKRUB)

Weak Uptrend (+65) - NOKRUB is showing signs of weakening momentum to the upside. Monitor NOKRUB as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid NOKRUB?

MarketClub looks at technical strength and momentum to determine if the timing is right for NOKRUB.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_NOKRUB
Open High Low NOKRUB Price Change
8.981462 9.015313 8.900758 8.996756 +0.015294
Entry Signal

MarketClub’s Trade Triangles for NOKRUB

long term up The long-term trend has been UP since Aug 13th, 2024 at 8.643880

intermediate term up The intermediate-term trend has been UP since Dec 30th, 2024 at 9.737510

short term down The short-term trend has been DOWN since Jan 17th, 2025 at 8.951039

Smart Scan Analysis for NOKRUB

Based on our trend formula, NOKRUB is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for NOKRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.981462 9.015313 8.900758 8.996756 +0.015294
Prev. Close Volume Bid Ask Time
8.981462 2025-01-20 09:45:06
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