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Forex Trend Analysis Report

Prepared for you on Monday, March 20, 2023.

Norwegian Krone/Singapore Dollar (FOREX:NOKSGD)

Bear Market Rally (-75) - NOKSGD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NOKSGD as it may be in the beginning of a reversal.

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
0.1253860 0.1258090 0.1245025 0.1257110 +0.0003250
Entry Signal

MarketClub’s Trade Triangles for NOKSGD

long term down The long-term trend has been DOWN since Apr 27th, 2022 at 0.148931

intermediate term down The intermediate-term trend has been DOWN since Jan 3rd, 2023 at 0.134916

short term up The short-term trend has been UP since Mar 13th, 2023 at 0.128000

Smart Scan Analysis for NOKSGD

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

-75
Smart Scan Analysis for NOKSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1253860 0.1258090 0.1245025 0.1257110 +0.0003250
Prev. Close Volume Bid Ask Time
0.1253860 2023-03-20 18:30:55
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