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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.
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MarketClub’s Trade Triangles for NOKGBP
The long-term trend has been UP since Jan 15th, 2025 at 0.07224925
The intermediate-term trend has been DOWN since Jan 23rd, 2025 at 0.06988689
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).
| 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 |