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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Norwegian Krone/Danish Krone (FOREX:NOKDKK)
Bull Market Weakness (+75) - NOKDKK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NOKDKK as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NOKDKK?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOKDKK.
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 NOKDKK
The long-term trend has been DOWN since Apr 4th, 2025 at 0.630160
The intermediate-term trend has been UP since May 6th, 2025 at 0.636725
The short-term trend has been UP since Apr 28th, 2025 at 0.633125
Smart Scan Analysis for NOKDKK
Based on our trend formula, NOKDKK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.636885 | 0.639040 | 0.635855 | 0.639025 | +0.002140 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.636885 | 2025-05-09 07:23:23 |