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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Norwegian Krone/British Pound (FOREX:NOKGBP)
Long-Term Downtrend (-90) - NOKGBP is in a strong downtrend that is likely to continue. While NOKGBP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for NOKGBP
The long-term trend has been DOWN since Jul 9th, 2024 at 0.07179784
The intermediate-term trend has been DOWN since Dec 8th, 2024 at 0.07025761
The short-term trend has been DOWN since Dec 25th, 2024 at 0.06982019
Smart Scan Analysis for NOKGBP
Based on our trend formula, NOKGBP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.07025361 | 0.07029350 | 0.06991925 | 0.07028429 | +0.00003100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.07025361 | 2024-12-26 08:58:55 |