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Forex Trend Analysis Report
Prepared for you on Tuesday, April 16, 2024.
Norwegian Krone/Japanese Yen (FOREX:NOKJPY)
Weak Downtrend (-65) - NOKJPY is showing signs of a strengthening downtrend. Monitor NOKJPY as it may be building momentum to the downside.
Is it time to buy, sell, or avoid NOKJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOKJPY.
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 NOKJPY
The long-term trend has been UP since Dec 25th, 2023 at 14.095795
The intermediate-term trend has been DOWN since Mar 11th, 2024 at 14.036000
The short-term trend has been DOWN since Apr 10th, 2024 at 14.079679
Smart Scan Analysis for NOKJPY
Based on our trend formula, NOKJPY is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 14.076532 | 14.106130 | 14.053001 | 14.054745 | -0.021787 |
| Prev. Close | Volume | Bid | Ask | Time |
| 14.076532 | 2024-04-16 04:00:34 |