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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Euro/Norwegian Krone (FOREX:EURNOK)

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

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.

FOREX_EURNOK
Open High Low EURNOK Price Change
11.803380 11.867120 11.792285 11.840600 +0.037220
Entry Signal

MarketClub’s Trade Triangles for EURNOK

long term down The long-term trend has been DOWN since Dec 24th, 2024 at 11.399865

intermediate term down The intermediate-term trend has been DOWN since Dec 24th, 2024 at 11.599900

short term down The short-term trend has been DOWN since Dec 24th, 2024 at 11.761355

Smart Scan Analysis for EURNOK

Based on our trend formula, EURNOK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for EURNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.803380 11.867120 11.792285 11.840600 +0.037220
Prev. Close Volume Bid Ask Time
11.803380 2024-12-26 05:11:53
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