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Forex Trend Analysis Report
Prepared for you on Saturday, December 21, 2024.
Norwegian Krone/Swedish Krona (FOREX:NOKSEK)
Strong Downtrend (-100) - NOKSEK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NOKSEK continues to fall. Traders should use caution 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 Dec 6th, 2024 at 0.980185
The short-term trend has been DOWN since Dec 16th, 2024 at 0.982990
Smart Scan Analysis for NOKSEK
Based on our trend formula, NOKSEK is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.963350 | 0.975355 | 0.962675 | 0.974900 | +0.011550 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.963350 | 2024-12-20 17:06:11 |