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Forex Trend Analysis Report
Prepared for you on Friday, April 18, 2025.
US Dollar/Norwegian Krone (FOREX:USDNOK)
Bear Market Rally (-75) - USDNOK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on USDNOK as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid USDNOK?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDNOK.
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 USDNOK
The long-term trend has been DOWN since Mar 11th, 2025 at 10.63900
The intermediate-term trend has been UP since Apr 6th, 2025 at 10.89937
The short-term trend has been DOWN since Apr 10th, 2025 at 10.69023
Smart Scan Analysis for USDNOK
Based on our trend formula, USDNOK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10.586265 | 10.603805 | 10.466460 | 10.472250 | -0.114015 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10.586265 | 2025-04-17 15:25:17 |