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Forex Trend Analysis Report

Prepared for you on Thursday, February 6, 2025.

Norwegian Krone/Indian Rupee (FOREX:NOKINR)

Long-Term Uptrend (+90) - NOKINR is in a strong uptrend that is likely to continue. While NOKINR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
7.779943 7.792965 7.762526 7.784213 +0.004270
Entry Signal

MarketClub’s Trade Triangles for NOKINR

long term up The long-term trend has been UP since Feb 5th, 2025 at 7.789974

intermediate term up The intermediate-term trend has been UP since Feb 4th, 2025 at 7.730796

short term up 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 +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for NOKINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.779943 7.792965 7.762526 7.784213 +0.004270
Prev. Close Volume Bid Ask Time
7.779943 2025-02-06 08:13:22
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