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Forex Trend Analysis Report

Prepared for you on Monday, March 30, 2020.

Euro/Norwegian Krone (FOREX:EURNOK)

Long-Term Uptrend (+90) - EURNOK is in a strong uptrend that is likely to continue. While EURNOK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

FOREX_EURNOK
Open High Low EURNOK Price Change
11.793800 11.836625 11.501650 11.724090 -0.069710
Entry Signal

MarketClub’s Trade Triangles for EURNOK

long term up The long-term trend has been UP since Feb 3rd, 2020 at 10.255660

intermediate term up The intermediate-term trend has been UP since Jan 20th, 2020 at 9.912550

short term up The short-term trend has been UP since Mar 30th, 2020 at 11.834455

Smart Scan Analysis for EURNOK

Based on our trend formula, EURNOK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for EURNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.793800 11.836625 11.501650 11.724090 -0.069710
Prev. Close Volume Bid Ask Time
11.793800 11.717790 11.730390 2020-03-30 07:08:57
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