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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
US Dollar/Norwegian Krone (FOREX:USDNOK)
Countertrend Down (-85) - USDNOK is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Mar 11th, 2025 at 10.639000
The intermediate-term trend has been DOWN since Apr 28th, 2025 at 10.317185
The short-term trend has been UP since May 8th, 2025 at 10.430895
Smart Scan Analysis for USDNOK
Based on our trend formula, USDNOK is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10.435585 | 10.451725 | 10.374205 | 10.385480 | -0.050105 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10.435585 | 2025-05-09 07:47:52 |