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Forex Trend Analysis Report
Prepared for you on Friday, December 6, 2024.
Euro/Norwegian Krone (FOREX:EURNOK)
Bull Market Weakness (+75) - EURNOK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURNOK as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid EURNOK?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURNOK.
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 EURNOK
The long-term trend has been UP since Jul 19th, 2024 at 11.894445
The intermediate-term trend has been DOWN since Nov 15th, 2024 at 11.697790
The short-term trend has been UP since Dec 5th, 2024 at 11.683060
Smart Scan Analysis for EURNOK
Based on our trend formula, EURNOK is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.691930 | 11.805925 | 11.683850 | 11.789300 | +0.097370 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.691930 | 2024-12-06 21:55:18 |