Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, June 23, 2025.

Canadian Dollar/Norwegian Krone (FOREX:CADNOK)

Weak Downtrend (-65) - CADNOK is showing signs of a strengthening downtrend. Monitor CADNOK as it may be building momentum to the downside.

Is it time to buy, sell, or avoid CADNOK?

MarketClub looks at technical strength and momentum to determine if the timing is right for CADNOK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CADNOK
Open High Low CADNOK Price Change
7.364950 7.377546 7.359550 7.365158 +0.000208
Entry Signal

MarketClub’s Trade Triangles for CADNOK

long term down The long-term trend has been DOWN since Feb 2nd, 2025 at 7.759650

intermediate term down The intermediate-term trend has been DOWN since Apr 28th, 2025 at 7.463304

short term up The short-term trend has been UP since Jun 19th, 2025 at 7.328939

Smart Scan Analysis for CADNOK

Based on our trend formula, CADNOK is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for CADNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.364950 7.377546 7.359550 7.365158 +0.000208
Prev. Close Volume Bid Ask Time
7.364950 2025-06-23 02:04:56
Get a free daily analysis and signals for Canadian Dollar/Norwegian Krone (CADNOK) - Request Your Free Report.