Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
British Pound/Norwegian Krone (FOREX:GBPNOK)
Bear Market Rally (-75) - GBPNOK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBPNOK as it may be in the beginning of a reversal.
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 DOWN since Jan 15th, 2025 at 13.840100
The intermediate-term trend has been DOWN since Feb 10th, 2025 at 13.873078
The short-term trend has been DOWN since Feb 20th, 2025 at 13.986126
Smart Scan Analysis for GBPNOK
Based on our trend formula, GBPNOK is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 14.081455 | 14.081455 | 14.047231 | 14.080450 | -0.001005 |
| Prev. Close | Volume | Bid | Ask | Time |
| 14.081455 | 2025-02-22 02:56:21 |