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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Norwegian Krone/Russian Ruble (FOREX:NOKRUB)

Bull Market Weakness (+75) - NOKRUB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NOKRUB as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid NOKRUB?

MarketClub looks at technical strength and momentum to determine if the timing is right for NOKRUB.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_NOKRUB
Open High Low NOKRUB Price Change
7.902687 8.116906 7.893712 8.116906 +0.214219
Entry Signal

MarketClub’s Trade Triangles for NOKRUB

long term down The long-term trend has been DOWN since Feb 6th, 2025 at 8.591943

intermediate term up The intermediate-term trend has been UP since May 9th, 2025 at 8.042575

short term up The short-term trend has been UP since May 8th, 2025 at 7.973150

Smart Scan Analysis for NOKRUB

Based on our trend formula, NOKRUB is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for NOKRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.902687 8.116906 7.893712 8.116906 +0.214219
Prev. Close Volume Bid Ask Time
7.902687 2025-05-09 05:06:34
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