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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
British Pound/Norwegian Krone (FOREX:GBPNOK)
Countertrend Up (+85) - GBPNOK is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid GBPNOK?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPNOK.
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 GBPNOK
The long-term trend has been UP since Jul 9th, 2024 at 13.905834
The intermediate-term trend has been UP since Jul 7th, 2024 at 13.601386
The short-term trend has been DOWN since Jul 26th, 2024 at 14.151192
Smart Scan Analysis for GBPNOK
Based on our trend formula, GBPNOK is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
![Smart Scan Analysis for GBPNOK](/img/sites/trend-web/images/trend-slider.png)
Open | High | Low | Price | Change |
---|---|---|---|---|
14.178300 | 14.209200 | 14.088000 | 14.207705 | +0.029405 |
Prev. Close | Volume | Bid | Ask | Time |
14.178300 | 2024-07-26 20:25:01 |