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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
British Pound/Norwegian Krone (FOREX:GBPNOK)
Long-Term Uptrend (+90) - GBPNOK is in a strong uptrend that is likely to continue. While GBPNOK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid GBPNOK?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPNOK.
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 GBPNOK
The long-term trend has been UP since Mar 29th, 2024 at 13.825574
The intermediate-term trend has been UP since Mar 5th, 2024 at 13.456609
The short-term trend has been UP since Apr 24th, 2024 at 13.676816
Smart Scan Analysis for GBPNOK
Based on our trend formula, GBPNOK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 13.688900 | 13.720042 | 13.679548 | 13.689594 | +0.000694 |
| Prev. Close | Volume | Bid | Ask | Time |
| 13.688900 | 2024-04-25 07:28:54 |