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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Norwegian Krone/Japanese Yen (FOREX:NOKJPY)
Countertrend Up (+85) - NOKJPY is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 Nov 7th, 2024 at 14.039000
The intermediate-term trend has been UP since Dec 24th, 2024 at 13.914648
The short-term trend has been DOWN since Dec 25th, 2024 at 13.713000
Smart Scan Analysis for NOKJPY
Based on our trend formula, NOKJPY is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 13.868939 | 13.922047 | 13.790000 | 13.905000 | +0.036061 |
| Prev. Close | Volume | Bid | Ask | Time |
| 13.868939 | 2024-12-26 12:12:53 |