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Forex Trend Analysis Report

Prepared for you on Monday, April 22, 2024.

Euro/Norwegian Krone (FOREX:EURNOK)

Weak Uptrend (+65) - EURNOK is showing signs of weakening momentum to the upside. Monitor 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.

FOREX_EURNOK
Open High Low EURNOK Price Change
11.739900 11.781035 11.711095 11.717055 -0.022845
Entry Signal

MarketClub’s Trade Triangles for EURNOK

long term up The long-term trend has been UP since Mar 29th, 2024 at 11.87040

intermediate term down The intermediate-term trend has been DOWN since Apr 3rd, 2024 at 11.39250

short term up The short-term trend has been UP since Apr 16th, 2024 at 11.66455

Smart Scan Analysis for EURNOK

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

+65
Smart Scan Analysis for EURNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.739900 11.781035 11.711095 11.717055 -0.022845
Prev. Close Volume Bid Ask Time
11.739900 2024-04-22 07:59:07
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