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Forex Trend Analysis Report

Prepared for you on Friday, December 13, 2024.

Norwegian Krone/Japanese Yen (FOREX:NOKJPY)

Weak Uptrend (+65) - NOKJPY is showing signs of weakening momentum to the upside. Monitor NOKJPY as it may be in the beginning stages of a reversal.

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.

FOREX_NOKJPY
Open High Low NOKJPY Price Change
13.670808 13.841745 13.645437 13.782115 +0.111307
Entry Signal

MarketClub’s Trade Triangles for NOKJPY

long term up The long-term trend has been UP since Nov 7th, 2024 at 14.039000

intermediate term down The intermediate-term trend has been DOWN since Nov 26th, 2024 at 13.711469

short term up The short-term trend has been UP since Dec 10th, 2024 at 13.656848

Smart Scan Analysis for NOKJPY

Based on our trend formula, NOKJPY is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for NOKJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.670808 13.841745 13.645437 13.782115 +0.111307
Prev. Close Volume Bid Ask Time
13.670808 2024-12-13 13:38:31
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