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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
US Dollar/Norwegian Krone (FOREX:USDNOK)
Strong Uptrend (+100) - USDNOK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDNOK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid USDNOK?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDNOK.
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 USDNOK
The long-term trend has been UP since Mar 29th, 2024 at 11.015290
The intermediate-term trend has been UP since Mar 27th, 2024 at 10.712370
The short-term trend has been UP since Apr 26th, 2024 at 11.028905
Smart Scan Analysis for USDNOK
Based on our trend formula, USDNOK is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10.970940 | 11.056645 | 10.938635 | 11.037305 | +0.066365 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10.970940 | 2024-04-26 16:48:16 |