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Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Norwegian Krone/US Dollar (FOREX:NOKUSD)
Countertrend Down (-85) - NOKUSD 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 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 Apr 1st, 2024 at 0.09183250
The intermediate-term trend has been DOWN since Mar 18th, 2024 at 0.09396338
The short-term trend has been UP since Apr 23rd, 2024 at 0.09123250
Smart Scan Analysis for NOKUSD
Based on our trend formula, NOKUSD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.09184950 | 0.09186150 | 0.09091496 | 0.09092000 | -0.00092900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.09184950 | 2024-04-24 08:52:46 |