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Forex Trend Analysis Report

Prepared for you on Thursday, December 2, 2021.

Norwegian Krone/Israeli Shekel (FOREX:NOKILS)

Long-Term Downtrend (-90) - NOKILS is in a strong downtrend that is likely to continue. While NOKILS 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 NOKILS?

MarketClub looks at technical strength and momentum to determine if the timing is right for NOKILS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_NOKILS
Open High Low NOKILS Price Change
0.34737552 0.34957505 0.34700928 0.34835863 +0.00098300
Entry Signal

MarketClub’s Trade Triangles for NOKILS

long term down The long-term trend has been DOWN since Nov 15th, 2021 at 0.35628948

intermediate term down The intermediate-term trend has been DOWN since Nov 1st, 2021 at 0.37306437

short term down The short-term trend has been DOWN since Nov 29th, 2021 at 0.34935963

Smart Scan Analysis for NOKILS

Based on our trend formula, NOKILS is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for NOKILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.34737552 0.34957505 0.34700928 0.34835863 +0.00098300
Prev. Close Volume Bid Ask Time
0.34737552 2021-12-02 11:54:00
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