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Forex Trend Analysis Report
Prepared for you on Wednesday, December 11, 2024.
Japanese Yen/Norwegian Krone (FOREX:JPYNOK)
Sidelines Mode (-55) - JPYNOK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid JPYNOK?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYNOK.
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 JPYNOK
The long-term trend has been DOWN since Nov 7th, 2024 at 0.0712425
The intermediate-term trend has been UP since Nov 29th, 2024 at 0.0736935
The short-term trend has been DOWN since Dec 10th, 2024 at 0.0732635
Smart Scan Analysis for JPYNOK
Based on our trend formula, JPYNOK is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.073623 | 0.073961 | 0.072967 | 0.073115 | -0.000508 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.073623 | 2024-12-11 12:52:30 |