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Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

Norwegian Krone/Singapore Dollar (FOREX:NOKSGD)

Weak Downtrend (-65) - NOKSGD is showing signs of a strengthening downtrend. Monitor NOKSGD as it may be building momentum to the downside.

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

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

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

FOREX_NOKSGD
Open High Low NOKSGD Price Change
0.1248780 0.1248870 0.1246735 0.1247760 -0.0001020
Entry Signal

MarketClub’s Trade Triangles for NOKSGD

long term down The long-term trend has been DOWN since Apr 1st, 2024 at 0.1241485

intermediate term down The intermediate-term trend has been DOWN since Mar 12th, 2024 at 0.1264580

short term up The short-term trend has been UP since Apr 22nd, 2024 at 0.1239705

Smart Scan Analysis for NOKSGD

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

-65
Smart Scan Analysis for NOKSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1248780 0.1248870 0.1246735 0.1247760 -0.0001020
Prev. Close Volume Bid Ask Time
0.1248780 2024-04-24 02:22:58
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