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Forex Trend Analysis Report

Prepared for you on Tuesday, November 29, 2022.

Norwegian Krone/British Pound (FOREX:NOKGBP)

Sidelines Mode (+55) - NOKGBP 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 NOKGBP?

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

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

FOREX_NOKGBP
Open High Low NOKGBP Price Change
0.08367200 0.08375580 0.08344743 0.08361650 -0.00005500
Entry Signal

MarketClub’s Trade Triangles for NOKGBP

long term up The long-term trend has been UP since Aug 22nd, 2022 at 0.08670950

intermediate term down The intermediate-term trend has been DOWN since Nov 20th, 2022 at 0.08240755

short term up The short-term trend has been UP since Nov 23rd, 2022 at 0.08356356

Smart Scan Analysis for NOKGBP

Based on our trend formula, NOKGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for NOKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.08367200 0.08375580 0.08344743 0.08361650 -0.00005500
Prev. Close Volume Bid Ask Time
0.08367200 2022-11-29 06:09:58
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