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Forex Trend Analysis Report

Prepared for you on Monday, July 4, 2022.

Norwegian Krone/Swedish Krona (FOREX:NOKSEK)

Bull Market Weakness (+75) - NOKSEK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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
1.037300 1.054500 1.036955 1.051635 +0.014335
Entry Signal

MarketClub’s Trade Triangles for NOKSEK

long term down The long-term trend has been DOWN since May 11th, 2022 at 1.030975

intermediate term up The intermediate-term trend has been UP since Jul 3rd, 2022 at 1.040900

short term up The short-term trend has been UP since Jun 27th, 2022 at 1.031450

Smart Scan Analysis for NOKSEK

Based on our trend formula, NOKSEK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for NOKSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.037300 1.054500 1.036955 1.051635 +0.014335
Prev. Close Volume Bid Ask Time
1.037300 2022-07-04 19:32:13
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