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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Norwegian Krone/Swedish Krona (FOREX:NOKSEK)
Sidelines Mode (+55) - NOKSEK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Apr 3rd, 2024 at 1.017415
The intermediate-term trend has been UP since Mar 29th, 2024 at 0.992205
The short-term trend has been DOWN since Apr 23rd, 2024 at 0.987775
Smart Scan Analysis for NOKSEK
Based on our trend formula, NOKSEK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.990200 | 0.995550 | 0.988965 | 0.992055 | +0.001855 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.990200 | 2024-04-25 11:41:54 |