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Forex Trend Analysis Report

Prepared for you on Sunday, June 20, 2021.

Norwegian Krone/Russian Ruble (FOREX:NOKRUB)

Strong Downtrend (-100) - NOKRUB 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 NOKRUB?

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

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

FOREX_NOKRUB
Open High Low NOKRUB Price Change
8.469060 8.486212 8.336375 8.389441 -0.079619
Entry Signal

MarketClub’s Trade Triangles for NOKRUB

long term down The long-term trend has been DOWN since Jun 16th, 2021 at 8.554338

intermediate term down The intermediate-term trend has been DOWN since May 6th, 2021 at 8.926664

short term down The short-term trend has been DOWN since Jun 9th, 2021 at 8.730919

Smart Scan Analysis for NOKRUB

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

-100
Smart Scan Analysis for NOKRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.469060 8.486212 8.336375 8.389441 -0.079619
Prev. Close Volume Bid Ask Time
8.469060 2021-06-18 17:02:37
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