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Forex Trend Analysis Report
Prepared for you on Wednesday, March 12, 2025.
Swiss Franc/Norwegian Krone (FOREX:CHFNOK)
Strong Downtrend (-100) - CHFNOK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CHFNOK continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid CHFNOK?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFNOK.
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 CHFNOK
The long-term trend has been DOWN since Jan 24th, 2025 at 12.325860
The intermediate-term trend has been DOWN since Mar 5th, 2025 at 12.213845
The short-term trend has been DOWN since Mar 5th, 2025 at 12.388600
Smart Scan Analysis for CHFNOK
Based on our trend formula, CHFNOK is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 12.071770 | 12.077365 | 12.061900 | 12.064525 | -0.007245 |
| Prev. Close | Volume | Bid | Ask | Time |
| 12.071770 | 2025-03-12 00:42:16 |