Forex Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
Norwegian Krone/Indian Rupee (FOREX:NOKINR)
Strong Uptrend (+100) - NOKINR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, NOKINR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for NOKINR
The long-term trend has been UP since Dec 3rd, 2020 at 8.460167
The intermediate-term trend has been UP since Feb 15th, 2021 at 8.662689
The short-term trend has been UP since Feb 24th, 2021 at 8.610319
Smart Scan Analysis for NOKINR
Based on our trend formula, NOKINR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).