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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Norwegian Krone/Swedish Krona (FOREX:NOKSEK)
Countertrend Down (-85) - NOKSEK is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
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MarketClub’s Trade Triangles for NOKSEK
The long-term trend has been DOWN since Jul 23rd, 2024 at 0.952925
The intermediate-term trend has been DOWN since Jul 23rd, 2024 at 0.952925
The short-term trend has been UP since Jul 26th, 2024 at 0.982805
Smart Scan Analysis for NOKSEK
Based on our trend formula, NOKSEK is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.981670 | 0.984410 | 0.979900 | 0.980905 | -0.000765 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.981670 | 2024-07-26 17:00:03 |