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Forex Trend Analysis Report
Prepared for you on Friday, May 30, 2025.
Norwegian Krone/Mexican Peso (FOREX:NOKMXN)
Countertrend Up (+85) - NOKMXN is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid NOKMXN?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOKMXN.
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 NOKMXN
The long-term trend has been UP since Mar 3rd, 2025 at 1.855410
The intermediate-term trend has been UP since May 6th, 2025 at 1.917855
The short-term trend has been DOWN since May 27th, 2025 at 1.894075
Smart Scan Analysis for NOKMXN
Based on our trend formula, NOKMXN is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.904110 | 1.905935 | 1.888575 | 1.903305 | -0.000805 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.904110 | 2025-05-30 17:02:30 |