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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Norwegian Krone/South African Rand (FOREX:NOKZAR)
Crossroads (+60) - NOKZAR 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 NOKZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOKZAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for NOKZAR
The long-term trend has been DOWN since Mar 29th, 2024 at 1.7176431
The intermediate-term trend has been UP since Dec 24th, 2024 at 1.6457484
The short-term trend has been UP since Dec 13th, 2024 at 1.6097550
Smart Scan Analysis for NOKZAR
Based on our trend formula, NOKZAR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.6522480 | 1.6631700 | 1.6300981 | 1.6569300 | +0.0046820 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.6522480 | 2024-12-26 14:24:59 |