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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Chinese Yuan Renminbi/Norwegian Krone (FOREX:CNYNOK)

Weak Uptrend (+65) - CNYNOK is showing signs of weakening momentum to the upside. Monitor CNYNOK as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid CNYNOK?

MarketClub looks at technical strength and momentum to determine if the timing is right for CNYNOK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CNYNOK
Open High Low CNYNOK Price Change
1.4443473 1.4460774 1.4359547 1.4371235 -0.0072240
Entry Signal

MarketClub’s Trade Triangles for CNYNOK

long term up The long-term trend has been UP since Apr 14th, 2025 at 1.6075173

intermediate term down The intermediate-term trend has been DOWN since Apr 28th, 2025 at 1.4153297

short term up The short-term trend has been UP since May 7th, 2025 at 1.4351340

Smart Scan Analysis for CNYNOK

Based on our trend formula, CNYNOK is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for CNYNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.4443473 1.4460774 1.4359547 1.4371235 -0.0072240
Prev. Close Volume Bid Ask Time
1.4443473 2025-05-09 07:53:24
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