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Forex Trend Analysis Report

Prepared for you on Friday, December 13, 2024.

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, NOKQAR 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
0.32815019 0.32815019 0.32794950 0.32794950 -0.00020100
Entry Signal

MarketClub’s Trade Triangles for NOKQAR

long term down The long-term trend has been DOWN since Nov 19th, 2024 at 0.33032023

intermediate term down The intermediate-term trend has been DOWN since Oct 21st, 2024 at 0.34395811

short term down The short-term trend has been DOWN since Oct 1st, 2024 at 0.34426639

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
0.32815019 0.32815019 0.32794950 0.32794950 -0.00020100
Prev. Close Volume Bid Ask Time
0.32706628 2024-12-09 21:06:12
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