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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Norwegian Krone/Euro (FOREX:NOKEUR)
Bear Market Rally (-75) - NOKEUR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NOKEUR as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid NOKEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOKEUR.
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 NOKEUR
The long-term trend has been DOWN since Jul 19th, 2024 at 0.08408127
The intermediate-term trend has been DOWN since Jul 9th, 2024 at 0.08674527
The short-term trend has been UP since Jul 26th, 2024 at 0.08385720
Smart Scan Analysis for NOKEUR
Based on our trend formula, NOKEUR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.08355050 | 0.08407248 | 0.08347000 | 0.08357012 | +0.00002000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.08355050 | 2024-07-26 17:00:04 |