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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Mexican Peso/Norwegian Krone (FOREX:MXNNOK)

Weak Downtrend (-65) - MXNNOK is showing signs of a strengthening downtrend. Monitor MXNNOK as it may be building momentum to the downside.

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.

FOREX_MXNNOK
Open High Low MXNNOK Price Change
0.534410 0.535255 0.531810 0.532020 -0.002390
Entry Signal

MarketClub’s Trade Triangles for MXNNOK

long term down The long-term trend has been DOWN since Mar 3rd, 2025 at 0.538970

intermediate term down The intermediate-term trend has been DOWN since May 6th, 2025 at 0.521415

short term up The short-term trend has been UP since May 8th, 2025 at 0.532210

Smart Scan Analysis for MXNNOK

Based on our trend formula, MXNNOK is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for MXNNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.534410 0.535255 0.531810 0.532020 -0.002390
Prev. Close Volume Bid Ask Time
0.534410 2025-05-09 05:09:32
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