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Forex Trend Analysis Report

Prepared for you on Monday, December 4, 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
0.1248905 0.1249095 0.1231065 0.1233310 -0.0015600
Entry Signal

MarketClub’s Trade Triangles for NOKSGD

long term down The long-term trend has been DOWN since Oct 3rd, 2023 at 0.1251970

intermediate term up The intermediate-term trend has been UP since Nov 14th, 2023 at 0.1241605

short term down The short-term trend has been DOWN since Nov 29th, 2023 at 0.1246515

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
0.1248905 0.1249095 0.1231065 0.1233310 -0.0015600
Prev. Close Volume Bid Ask Time
0.1248905 2023-12-04 17:45:01
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