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Forex Trend Analysis Report
Prepared for you on Thursday, January 8, 2026.
Euro/Norwegian Krone (FOREX:EURNOK)
Sidelines Mode (+55) - EURNOK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EURNOK?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURNOK.
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 EURNOK
The long-term trend has been UP since Apr 9th, 2025 at 12.111335
The intermediate-term trend has been DOWN since Jan 5th, 2026 at 11.753500
The short-term trend has been UP since Jan 4th, 2026 at 11.866000
Smart Scan Analysis for EURNOK
Based on our trend formula, EURNOK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.776300 | 11.795275 | 11.776200 | 11.789590 | +0.013290 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.776300 | 2026-01-08 02:27:02 |