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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
Norwegian Krone/Swedish Krona (FOREX:NOKSEK)
Bear Market Rally (-75) - NOKSEK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NOKSEK as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid NOKSEK?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOKSEK.
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 NOKSEK
The long-term trend has been DOWN since Jul 23rd, 2024 at 0.952925
The intermediate-term trend has been UP since Jan 13th, 2025 at 0.987305
The short-term trend has been DOWN since Jan 17th, 2025 at 0.979900
Smart Scan Analysis for NOKSEK
Based on our trend formula, NOKSEK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.977195 | 0.978335 | 0.974825 | 0.975000 | -0.002195 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.977195 | 2025-01-20 09:44:39 |