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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Norwegian Krone/Russian Ruble (FOREX:NOKRUB)
Weak Downtrend (-65) - NOKRUB is showing signs of a strengthening downtrend. Monitor NOKRUB as it may be building momentum to the downside.
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.
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MarketClub’s Trade Triangles for NOKRUB
The long-term trend has been DOWN since Nov 7th, 2023 at 8.203775
The intermediate-term trend has been UP since Jun 13th, 2024 at 8.636920
The short-term trend has been DOWN since Jul 19th, 2024 at 8.112862
Smart Scan Analysis for NOKRUB
Based on our trend formula, NOKRUB is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-65
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.711790 | 7.886081 | 7.708215 | 7.877377 | +0.165587 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.711790 | 2024-07-26 19:28:06 |
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