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Forex Trend Analysis Report

Prepared for you on Wednesday, January 26, 2022.

Norwegian Krone/Russian Ruble (FOREX:NOKRUB)

Strong Uptrend (+100) - NOKRUB is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, NOKRUB continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
8.807724 9.049587 8.793492 8.988066 +0.180342
Entry Signal

MarketClub’s Trade Triangles for NOKRUB

long term up The long-term trend has been UP since Jan 5th, 2022 at 8.562190

intermediate term up The intermediate-term trend has been UP since Dec 22nd, 2021 at 8.308501

short term up The short-term trend has been UP since Jan 24th, 2022 at 8.755690

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
8.807724 9.049587 8.793492 8.988066 +0.180342
Prev. Close Volume Bid Ask Time
8.807724 2022-01-26 12:57:33
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