Forex Trend Analysis Report
Prepared for you on Thursday, March 28, 2024.
Euro/Norwegian Krone (FOREX:EURNOK)
Bull Market Weakness (+75) - EURNOK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURNOK as it may be in the beginning stages of a reversal.
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 DOWN since Dec 22nd, 2023 at 11.222035
The intermediate-term trend has been UP since Feb 28th, 2024 at 11.499860
The short-term trend has been UP since Mar 27th, 2024 at 11.623770
Smart Scan Analysis for EURNOK
Based on our trend formula, EURNOK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
11.677300 | 11.723765 | 11.674370 | 11.711900 | +0.034600 |
Prev. Close | Volume | Bid | Ask | Time |
11.677300 | 2024-03-28 18:12:14 |