Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Norwegian Krone/Swedish Krona (FOREX:NOKSEK)
Long-Term Downtrend (-90) - NOKSEK is in a strong downtrend that is likely to continue. While NOKSEK is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
|
|||||||||||||||
|
|||||||||||||||
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 DOWN since Feb 6th, 2025 at 0.967940
The short-term trend has been DOWN since Feb 4th, 2025 at 0.973410
Smart Scan Analysis for NOKSEK
Based on our trend formula, NOKSEK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.957720 | 0.959175 | 0.954325 | 0.955600 | -0.002120 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.957720 | 2025-02-21 17:03:13 |