Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, February 5, 2025.

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
0.07129100 0.07145634 0.07112781 0.07129619 +0.00000500
Entry Signal

MarketClub’s Trade Triangles for NOKGBP

long term up The long-term trend has been UP since Jan 15th, 2025 at 0.07224925

intermediate term down The intermediate-term trend has been DOWN since Jan 23rd, 2025 at 0.06988689

short term up The short-term trend has been UP since Feb 5th, 2025 at 0.07133375

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
0.07129100 0.07145634 0.07112781 0.07129619 +0.00000500
Prev. Close Volume Bid Ask Time
0.07129100 2025-02-05 11:04:13
Get a free daily analysis and signals for Norwegian Krone/British Pound (NOKGBP) - Request Your Free Report.