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Forex Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

Norwegian Krone/Euro (FOREX:NOKEUR)

Bull Market Weakness (+75) - NOKEUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NOKEUR as it may be in the beginning stages 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.

FOREX_NOKEUR
Open High Low NOKEUR Price Change
0.10114150 0.10182650 0.10085600 0.10171781 +0.00057600
Entry Signal

MarketClub’s Trade Triangles for NOKEUR

long term up The long-term trend has been UP since Aug 12th, 2022 at 0.10229107

intermediate term up The intermediate-term trend has been UP since Jul 14th, 2022 at 0.09775649

short term down The short-term trend has been DOWN since Aug 15th, 2022 at 0.10149297

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).

+75
Smart Scan Analysis for NOKEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.10114150 0.10182650 0.10085600 0.10171781 +0.00057600
Prev. Close Volume Bid Ask Time
0.10114150 2022-08-18 10:29:37
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