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Forex Trend Analysis Report
Prepared for you on Monday, October 6, 2025.
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 Feb 2nd, 2025 at 7.759650
The intermediate-term trend has been DOWN since Aug 21st, 2025 at 7.349888
The short-term trend has been DOWN since Sep 29th, 2025 at 7.143070
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 |
|---|---|---|---|---|
| 7.132567 | 7.147065 | 7.107801 | 7.113415 | -0.019152 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.132567 | 2025-10-06 15:21:36 |