Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Monday, March 31, 2025.
Mexican Peso/Norwegian Krone (FOREX:MXNNOK)
Strong Downtrend (-100) - MXNNOK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MXNNOK continues to fall. Traders should use caution 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.
|
|||||||||||||||
|
|||||||||||||||
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 Mar 3rd, 2025 at 0.541215
The short-term trend has been DOWN since Mar 27th, 2025 at 0.518155
Smart Scan Analysis for MXNNOK
Based on our trend formula, MXNNOK is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.513370 | 0.518855 | 0.512990 | 0.514070 | +0.000700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.513370 | 2025-03-31 17:03:01 |