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Forex Trend Analysis Report

Prepared for you on Saturday, February 22, 2020.

Japanese Yen/Norwegian Krone (FOREX:JPYNOK)

Crossroads (-60) - JPYNOK 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 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.

FOREX_JPYNOK
Open High Low JPYNOK Price Change
0.0832390 0.0839350 0.0829895 0.0831870 -0.0000520
Entry Signal

MarketClub’s Trade Triangles for JPYNOK

long term up The long-term trend has been UP since Feb 3rd, 2020 at 0.085117

intermediate term down The intermediate-term trend has been DOWN since Feb 20th, 2020 at 0.083019

short term down The short-term trend has been DOWN since Feb 19th, 2020 at 0.083961

Smart Scan Analysis for JPYNOK

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

-60
Smart Scan Analysis for JPYNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0832390 0.0839350 0.0829895 0.0831870 -0.0000520
Prev. Close Volume Bid Ask Time
0.0832390 0.0829870 0.0833870 2020-02-21 16:59:59
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