Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Tuesday, February 4, 2025.
Norwegian Krone/Russian Ruble (FOREX:NOKRUB)
Bull Market Weakness (+75) - NOKRUB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NOKRUB as it may be in the beginning stages of a reversal.
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 UP since Aug 13th, 2024 at 8.643880
The intermediate-term trend has been DOWN since Jan 21st, 2025 at 8.852295
The short-term trend has been UP since Jan 29th, 2025 at 8.777037
Smart Scan Analysis for NOKRUB
Based on our trend formula, NOKRUB is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.751603 | 8.967432 | 8.695551 | 8.952463 | +0.200860 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.751603 | 2025-02-04 23:47:16 |