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Forex Trend Analysis Report

Prepared for you on Wednesday, December 1, 2021.

Norwegian Krone/Qatari Rial (FOREX:NOKQAR)

Strong Downtrend (-100) - NOKQAR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid NOKQAR?

MarketClub looks at technical strength and momentum to determine if the timing is right for NOKQAR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_NOKQAR
Open High Low NOKQAR Price Change
0.40458184 0.40458184 0.40458184 0.40458184 0.00000000
Entry Signal

MarketClub’s Trade Triangles for NOKQAR

long term down The long-term trend has been DOWN since Nov 29th, 2021 at 0.40729979

intermediate term down The intermediate-term trend has been DOWN since Nov 8th, 2021 at 0.43322787

short term down The short-term trend has been DOWN since Nov 8th, 2021 at 0.43187779

Smart Scan Analysis for NOKQAR

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

-100
Smart Scan Analysis for NOKQAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.40458184 0.40458184 0.40458184 0.40458184 0.00000000
Prev. Close Volume Bid Ask Time
0.40458184 2021-11-29 07:26:09
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