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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.
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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 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).
| 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 |