Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Norwegian Krone/US Dollar (FOREX:NOKUSD)
Countertrend Up (+85) - NOKUSD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for NOKUSD
The long-term trend has been UP since Mar 17th, 2025 at 0.09444969
The intermediate-term trend has been UP since Apr 29th, 2025 at 0.09692600
The short-term trend has been DOWN since May 8th, 2025 at 0.09594450
Smart Scan Analysis for NOKUSD
Based on our trend formula, NOKUSD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.09582581 | 0.09635750 | 0.09567450 | 0.09624700 | +0.00042100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.09582581 | 2025-05-09 05:33:17 |