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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Norwegian Krone/Russian Ruble (FOREX:NOKRUB)
Bear Market Rally (-75) - NOKRUB is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NOKRUB as it may be in the beginning 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.
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MarketClub’s Trade Triangles for NOKRUB
The long-term trend has been DOWN since Nov 7th, 2023 at 8.203775
The intermediate-term trend has been DOWN since Mar 28th, 2024 at 8.540944
The short-term trend has been UP since Apr 24th, 2024 at 8.548916
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.402394 | 8.425465 | 8.313551 | 8.332118 | -0.070276 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.402394 | 2024-04-26 12:15:03 |