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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Euro/Norwegian Krone (FOREX:EURNOK)
Long-Term Uptrend (+90) - EURNOK is in a strong uptrend that is likely to continue. While EURNOK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid EURNOK?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURNOK.
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 EURNOK
The long-term trend has been UP since Mar 29th, 2024 at 11.870400
The intermediate-term trend has been UP since Apr 26th, 2024 at 11.804295
The short-term trend has been UP since Apr 25th, 2024 at 11.781035
Smart Scan Analysis for EURNOK
Based on our trend formula, EURNOK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.76205 | 11.81068 | 11.74330 | 11.78102 | +0.01897 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.76205 | 2024-04-26 09:55:12 |