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Forex Trend Analysis Report

Prepared for you on Tuesday, April 20, 2021.

Norwegian Krone/Japanese Yen (FOREX:NOKJPY)

Long-Term Uptrend (+90) - NOKJPY is in a strong uptrend that is likely to continue. While NOKJPY is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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.

FOREX_NOKJPY
Open High Low NOKJPY Price Change
13.099940 13.131283 13.030008 13.039946 -0.059994
Entry Signal

MarketClub’s Trade Triangles for NOKJPY

long term up The long-term trend has been UP since Dec 31st, 2020 at 12.215250

intermediate term up The intermediate-term trend has been UP since Mar 8th, 2021 at 12.754657

short term up The short-term trend has been UP since Apr 14th, 2021 at 12.934742

Smart Scan Analysis for NOKJPY

Based on our trend formula, NOKJPY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for NOKJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.099940 13.131283 13.030008 13.039946 -0.059994
Prev. Close Volume Bid Ask Time
13.099940 2021-04-20 10:37:41
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