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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

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 ?

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
0.150391 0.150515 0.149837 0.150075 -0.000316
Entry Signal

MarketClub’s Trade Triangles for NOKSGD

long term down The long-term trend has been DOWN since Feb 3rd, 2020 at 0.147597

intermediate term down The intermediate-term trend has been DOWN since Jan 20th, 2020 at 0.151090

short term down The short-term trend has been DOWN since Feb 17th, 2020 at 0.149939

Smart Scan Analysis for NOKSGD

Based on our trend formula, NOKSGD is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for NOKSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.150391 0.150515 0.149837 0.150075 -0.000316
Prev. Close Volume Bid Ask Time
0.150391 0.149997 0.150153 2020-02-17 16:32:38
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