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Our G10FX Trend Tracker aims at mapping W/w changes in currency performance, this will help to determine whether currencies are trending or reversing up/down
The trend tracker extremes will show the best trade over the last 5-days, this time we have the dollar in the pair as it is trending up, the USD has posted gains over this period of time and the 5-days prior to that. NOK stand on the other side of that balance
USD/NOK has rallied 3.4% over the last 10-days, this compares to +1.6% in USD/CHF, a less divergent cross according to the trend tracker
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