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Forex Trend Analysis Report
Prepared for you on Sunday, January 19, 2025.
Norwegian Krone/South African Rand (FOREX:NOKZAR)
Sidelines Mode (+55) - NOKZAR 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 NOKZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOKZAR.
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 NOKZAR
The long-term trend has been UP since Jan 10th, 2025 at 1.6717535
The intermediate-term trend has been UP since Dec 24th, 2024 at 1.6457484
The short-term trend has been DOWN since Jan 14th, 2025 at 1.6562944
Smart Scan Analysis for NOKZAR
Based on our trend formula, NOKZAR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.6403135 | 1.6403135 | 1.6377816 | 1.6377816 | -0.0025320 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.6403135 | 2025-01-18 02:34:59 |