Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for NOKMXN
The long-term trend has been UP since Jun 3rd, 2024 at 1.630665
The intermediate-term trend has been DOWN since Jul 8th, 2024 at 1.694435
The short-term trend has been UP since Jul 24th, 2024 at 1.659705
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 |
|---|---|---|---|---|
| 1.671055 | 1.682485 | 1.664650 | 1.674645 | +0.003590 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.671055 | 2024-07-26 16:59:23 |