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Forex Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

Norwegian Krone/British Pound (FOREX:NOKGBP)

Bull Market Weakness (+75) - NOKGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NOKGBP as it may be in the beginning stages of a reversal.

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
0.08298650 0.08372257 0.08288871 0.08334459 +0.00035800
Entry Signal

MarketClub’s Trade Triangles for NOKGBP

long term down The long-term trend has been DOWN since Sep 5th, 2019 at 0.08992300

intermediate term up The intermediate-term trend has been UP since May 6th, 2020 at 0.07879101

short term up The short-term trend has been UP since May 27th, 2020 at 0.08228370

Smart Scan Analysis for NOKGBP

Based on our trend formula, NOKGBP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for NOKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.08298650 0.08372257 0.08288871 0.08334459 +0.00035800
Prev. Close Volume Bid Ask Time
0.08298650 0.08315146 0.08353773 2020-05-29 17:08:55
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