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Forex Trend Analysis Report
Prepared for you on Sunday, November 24, 2024.
Norwegian Krone/US Dollar (FOREX:NOKUSD)
Strong Downtrend (-100) - NOKUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NOKUSD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid NOKUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOKUSD.
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 NOKUSD
The long-term trend has been DOWN since Nov 5th, 2024 at 0.0898330
The intermediate-term trend has been DOWN since Oct 16th, 2024 at 0.0920715
The short-term trend has been DOWN since Nov 22nd, 2024 at 0.0901065
Smart Scan Analysis for NOKUSD
Based on our trend formula, NOKUSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.09029672 | 0.09029672 | 0.09029672 | 0.09029672 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.09029672 | 2024-11-24 09:50:17 |