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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
Norwegian Krone/US Dollar (FOREX:NOKUSD)
Bull Market Weakness (+75) - NOKUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NOKUSD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NOKUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOKUSD.
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 NOKUSD
The long-term trend has been DOWN since Nov 5th, 2024 at 0.08983300
The intermediate-term trend has been UP since Jan 5th, 2025 at 0.09011323
The short-term trend has been UP since Jan 20th, 2025 at 0.08825200
Smart Scan Analysis for NOKUSD
Based on our trend formula, NOKUSD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0876195 | 0.0886060 | 0.0874685 | 0.0885665 | +0.0009470 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0876195 | 2025-01-20 09:51:03 |