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.
MarketClub’s Trade Triangles for NOKRUB
The long-term trend has been DOWN since Jun 16th, 2021 at 8.554338
The intermediate-term trend has been DOWN since May 6th, 2021 at 8.926664
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).