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Forex Trend Analysis Report
Prepared for you on Thursday, January 8, 2026.
Canadian Dollar/Norwegian Krone (FOREX:CADNOK)
Crossroads (-60) - CADNOK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 UP since Dec 9th, 2025 at 7.319803
The intermediate-term trend has been DOWN since Jan 5th, 2026 at 7.297100
The short-term trend has been DOWN since Jan 2nd, 2026 at 7.319787
Smart Scan Analysis for CADNOK
Based on our trend formula, CADNOK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.272284 | 7.279910 | 7.268400 | 7.275129 | +0.002845 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.272284 | 2026-01-08 01:44:15 |