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Forex Trend Analysis Report

Prepared for you on Monday, June 24, 2024.

Norwegian Krone/Swedish Krona (FOREX:NOKSEK)

Bull Market Weakness (+75) - NOKSEK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NOKSEK as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid NOKSEK?

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

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

FOREX_NOKSEK
Open High Low NOKSEK Price Change
0.994490 0.995065 0.989975 0.993900 -0.000590
Entry Signal

MarketClub’s Trade Triangles for NOKSEK

long term up The long-term trend has been UP since Apr 3rd, 2024 at 1.017415

intermediate term down The intermediate-term trend has been DOWN since Jun 7th, 2024 at 0.978905

short term up The short-term trend has been UP since Jun 19th, 2024 at 0.988150

Smart Scan Analysis for NOKSEK

Based on our trend formula, NOKSEK is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for NOKSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.994490 0.995065 0.989975 0.993900 -0.000590
Prev. Close Volume Bid Ask Time
0.994490 2024-06-24 16:30:06
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