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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Norwegian Krone/Chinese Yuan Renminbi (FOREX:NOKCNY)

Weak Downtrend (-65) - NOKCNY is showing signs of a strengthening downtrend. Monitor NOKCNY as it may be building momentum to the downside.

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

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

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

FOREX_NOKCNY
Open High Low NOKCNY Price Change
0.6923542 0.6954761 0.6915259 0.6948982 +0.0025440
Entry Signal

MarketClub’s Trade Triangles for NOKCNY

long term down The long-term trend has been DOWN since Apr 14th, 2025 at 0.6220773

intermediate term up The intermediate-term trend has been UP since Apr 28th, 2025 at 0.7065492

short term down The short-term trend has been DOWN since May 7th, 2025 at 0.6967991

Smart Scan Analysis for NOKCNY

Based on our trend formula, NOKCNY is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for NOKCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6923542 0.6954761 0.6915259 0.6948982 +0.0025440
Prev. Close Volume Bid Ask Time
0.6923542 2025-05-09 04:21:44
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