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Forex Trend Analysis Report

Prepared for you on Tuesday, April 20, 2021.

Norwegian Krone/British Pound (FOREX:NOKGBP)

Crossroads (+60) - NOKGBP is struggling to move into a solid trend. Beware of choppy markets 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
0.08654500 0.08658396 0.08584349 0.08599083 -0.00055400
Entry Signal

MarketClub’s Trade Triangles for NOKGBP

long term down The long-term trend has been DOWN since Mar 1st, 2021 at 0.08268324

intermediate term up The intermediate-term trend has been UP since Mar 16th, 2021 at 0.08555950

short term up The short-term trend has been UP since Apr 14th, 2021 at 0.08599897

Smart Scan Analysis for NOKGBP

Based on our trend formula, NOKGBP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for NOKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.08654500 0.08658396 0.08584349 0.08599083 -0.00055400
Prev. Close Volume Bid Ask Time
0.08654500 2021-04-20 12:34:33
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