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.
MarketClub’s Trade Triangles for NOKINR
The long-term trend has been UP since Jun 4th, 2020 at 8.042884
The intermediate-term trend has been DOWN since Sep 3rd, 2020 at 8.219749
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).