Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
Norwegian Krone/Indian Rupee (FOREX:NOKINR)
Bull Market Weakness (+75) - NOKINR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NOKINR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NOKINR?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOKINR.
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 NOKINR
The long-term trend has been DOWN since Nov 26th, 2024 at 7.527846
The intermediate-term trend has been UP since Feb 4th, 2025 at 7.730796
The short-term trend has been UP since Feb 4th, 2025 at 7.687526
Smart Scan Analysis for NOKINR
Based on our trend formula, NOKINR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.745971 | 7.778612 | 7.741811 | 7.778368 | +0.032397 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.745971 | 2025-02-05 02:51:02 |