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Forex Trend Analysis Report

Prepared for you on Monday, March 8, 2021.

Norwegian Krone/Russian Ruble (FOREX:NOKRUB)

Bull Market Weakness (+75) - NOKRUB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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
8.660023 8.759883 8.658660 8.730868 +0.070845
Entry Signal

MarketClub’s Trade Triangles for NOKRUB

long term up The long-term trend has been UP since Jul 16th, 2020 at 7.687737

intermediate term down The intermediate-term trend has been DOWN since Feb 17th, 2021 at 8.667436

short term up The short-term trend has been UP since Mar 8th, 2021 at 8.734756

Smart Scan Analysis for NOKRUB

Based on our trend formula, NOKRUB is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for NOKRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.660023 8.759883 8.658660 8.730868 +0.070845
Prev. Close Volume Bid Ask Time
8.660023 2021-03-08 20:39:15
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