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Forex Trend Analysis Report

Prepared for you on Tuesday, September 22, 2020.

Norwegian Krone/Indian Rupee (FOREX:NOKINR)

Weak Downtrend (-65) - NOKINR is showing signs of a strengthening downtrend. Monitor NOKINR as it may be building momentum to the downside.

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.

FOREX_NOKINR
Open High Low NOKINR Price Change
7.913049 7.931079 7.853285 7.879562 -0.033487
Entry Signal

MarketClub’s Trade Triangles for NOKINR

long term up The long-term trend has been UP since Jun 4th, 2020 at 8.042884

intermediate term down The intermediate-term trend has been DOWN since Sep 3rd, 2020 at 8.219749

short term down The short-term trend has been DOWN since Sep 16th, 2020 at 8.106948

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).

-70
Smart Scan Analysis for NOKINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.913049 7.931079 7.853285 7.879562 -0.033487
Prev. Close Volume Bid Ask Time
7.913049 7.878759 7.880365 2020-09-22 04:09:26
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