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Forex Trend Analysis Report
Prepared for you on Sunday, February 1, 2026.
Canadian Dollar/Norwegian Krone (FOREX:CADNOK)
Long-Term Downtrend (-90) - CADNOK is in a strong downtrend that is likely to continue. While CADNOK is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid CADNOK?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADNOK.
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 CADNOK
The long-term trend has been DOWN since Jan 25th, 2026 at 7.0982
The intermediate-term trend has been DOWN since Jan 5th, 2026 at 7.2971
The short-term trend has been DOWN since Jan 20th, 2026 at 7.2411
Smart Scan Analysis for CADNOK
Based on our trend formula, CADNOK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.060792 | 7.075974 | 7.060792 | 7.075974 | +0.015182 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.060792 | 2026-02-01 13:26:51 |