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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Norwegian Krone/Swedish Krona (FOREX:NOKSEK)

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

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

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

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

FOREX_NOKSEK
Open High Low NOKSEK Price Change
0.99253 0.99340 0.99000 0.99140 -0.00113
Entry Signal

MarketClub’s Trade Triangles for NOKSEK

long term up The long-term trend has been UP since Apr 3rd, 2024 at 1.017415

intermediate term up The intermediate-term trend has been UP since Mar 29th, 2024 at 0.992205

short term down The short-term trend has been DOWN since Apr 23rd, 2024 at 0.987775

Smart Scan Analysis for NOKSEK

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

+65
Smart Scan Analysis for NOKSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.99253 0.99340 0.99000 0.99140 -0.00113
Prev. Close Volume Bid Ask Time
0.99253 2024-04-26 10:28:30
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