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Forex Trend Analysis Report
Prepared for you on Tuesday, February 4, 2025.
Euro/Norwegian Krone (FOREX:EURNOK)
Weak Uptrend (+65) - EURNOK is showing signs of weakening momentum to the upside. Monitor 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 Jan 23rd, 2025 at 12.04076
The intermediate-term trend has been UP since Jan 23rd, 2025 at 11.89133
The short-term trend has been DOWN since Feb 3rd, 2025 at 11.72741
Smart Scan Analysis for EURNOK
Based on our trend formula, EURNOK is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.746860 | 11.766035 | 11.661295 | 11.672350 | -0.074510 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.746860 | 2025-02-04 23:53:29 |