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Forex Trend Analysis Report
Prepared for you on Friday, May 30, 2025.
Mexican Peso/Norwegian Krone (FOREX:MXNNOK)
Countertrend Down (-85) - MXNNOK 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 MXNNOK?
MarketClub looks at technical strength and momentum to determine if the timing is right for MXNNOK.
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 MXNNOK
The long-term trend has been DOWN since Mar 3rd, 2025 at 0.538970
The intermediate-term trend has been DOWN since May 6th, 2025 at 0.521415
The short-term trend has been UP since May 30th, 2025 at 0.529105
Smart Scan Analysis for MXNNOK
Based on our trend formula, MXNNOK is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.52521 | 0.52950 | 0.52468 | 0.52541 | +0.00020 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.52521 | 2025-05-30 17:02:30 |