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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Norwegian Krone/Mexican Peso (FOREX:NOKMXN)

Weak Uptrend (+65) - NOKMXN is showing signs of weakening momentum to the upside. Monitor NOKMXN as it may be in the beginning stages of a reversal.

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.

FOREX_NOKMXN
Open High Low NOKMXN Price Change
1.871220 1.880385 1.868240 1.879945 +0.008725
Entry Signal

MarketClub’s Trade Triangles for NOKMXN

long term up The long-term trend has been UP since Mar 3rd, 2025 at 1.855410

intermediate term up The intermediate-term trend has been UP since May 6th, 2025 at 1.917855

short term down The short-term trend has been DOWN since May 8th, 2025 at 1.878940

Smart Scan Analysis for NOKMXN

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

+65
Smart Scan Analysis for NOKMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.871220 1.880385 1.868240 1.879945 +0.008725
Prev. Close Volume Bid Ask Time
1.871220 2025-05-09 07:18:10
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