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Forex Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

Norwegian Krone/US Dollar (FOREX:NOKUSD)

Crossroads (-60) - NOKUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_NOKUSD
Open High Low NOKUSD Price Change
0.11556018 0.11556018 0.11556018 0.11556018 0.00000000
Entry Signal

MarketClub’s Trade Triangles for NOKUSD

long term up The long-term trend has been UP since Jul 20th, 2020 at 0.1087040

intermediate term down The intermediate-term trend has been DOWN since Feb 26th, 2021 at 0.1155595

short term down The short-term trend has been DOWN since Feb 25th, 2021 at 0.1171110

Smart Scan Analysis for NOKUSD

Based on our trend formula, NOKUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for NOKUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.11556018 0.11556018 0.11556018 0.11556018 0.00000000
Prev. Close Volume Bid Ask Time
0.11556018 2021-02-28 02:08:14
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