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Forex Trend Analysis Report
Prepared for you on Tuesday, July 1, 2025.
Canadian Dollar/Norwegian Krone (FOREX:CADNOK)
Bull Market Weakness (+75) - CADNOK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CADNOK as it may be in the beginning stages of a reversal.
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 UP since Jun 23rd, 2025 at 7.445912
The short-term trend has been UP since Jun 30th, 2025 at 7.403600
Smart Scan Analysis for CADNOK
Based on our trend formula, CADNOK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.405383 | 7.412440 | 7.355600 | 7.388387 | -0.016996 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.405383 | 2025-07-01 14:51:55 |