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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Euro/Norwegian Krone (FOREX:EURNOK)
Weak Downtrend (-65) - EURNOK is showing signs of a strengthening downtrend. Monitor EURNOK as it may be building momentum to the downside.
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 May 6th, 2025 at 11.720895
The short-term trend has been DOWN since Apr 17th, 2025 at 11.947335
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 |
|---|---|---|---|---|
| 11.714215 | 11.733300 | 11.679130 | 11.679635 | -0.034580 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.714215 | 2025-05-09 07:15:09 |