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Forex Trend Analysis Report

Prepared for you on Saturday, June 15, 2024.

Norwegian Krone/Singapore Dollar (FOREX:NOKSGD)

Countertrend Up (+85) - NOKSGD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

FOREX_NOKSGD
Open High Low NOKSGD Price Change
0.1270355 0.1270870 0.1263400 0.1267280 -0.0003070
Entry Signal

MarketClub’s Trade Triangles for NOKSGD

long term up The long-term trend has been UP since May 31st, 2024 at 0.1288985

intermediate term up The intermediate-term trend has been UP since May 13th, 2024 at 0.1252030

short term up The short-term trend has been UP since Jun 12th, 2024 at 0.1271350

Smart Scan Analysis for NOKSGD

Based on our trend formula, NOKSGD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for NOKSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1270355 0.1270870 0.1263400 0.1267280 -0.0003070
Prev. Close Volume Bid Ask Time
0.1270355 2024-06-14 16:59:36
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