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Forex Trend Analysis Report

Prepared for you on Saturday, February 22, 2025.

Norwegian Krone/Russian Ruble (FOREX:NOKRUB)

Long-Term Downtrend (-90) - NOKRUB is in a strong downtrend that is likely to continue. While NOKRUB 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 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
7.934746 7.980529 7.934746 7.980529 +0.045783
Entry Signal

MarketClub’s Trade Triangles for NOKRUB

long term down The long-term trend has been DOWN since Feb 6th, 2025 at 8.591943

intermediate term down The intermediate-term trend has been DOWN since Jan 21st, 2025 at 8.852295

short term down The short-term trend has been DOWN since Feb 6th, 2025 at 8.680387

Smart Scan Analysis for NOKRUB

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

-90
Smart Scan Analysis for NOKRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.934746 7.980529 7.934746 7.980529 +0.045783
Prev. Close Volume Bid Ask Time
7.934746 2025-02-22 03:11:46
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