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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Hong Kong Dollar/Norwegian Krone (FOREX:HKDNOK)
Countertrend Down (-85) - HKDNOK is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid HKDNOK?
MarketClub looks at technical strength and momentum to determine if the timing is right for HKDNOK.
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 HKDNOK
The long-term trend has been DOWN since Mar 5th, 2025 at 141.4785
The intermediate-term trend has been DOWN since Apr 29th, 2025 at 132.9795
The short-term trend has been UP since May 8th, 2025 at 134.4500
Smart Scan Analysis for HKDNOK
Based on our trend formula, HKDNOK is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 134.2485 | 134.4335 | 133.3770 | 133.4450 | -0.8035 |
| Prev. Close | Volume | Bid | Ask | Time |
| 134.2485 | 2025-05-09 07:28:37 |