Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, March 14, 2025.
British Pound/Norwegian Krone (FOREX:GBPNOK)
Strong Downtrend (-100) - GBPNOK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPNOK continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid GBPNOK?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPNOK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for GBPNOK
The long-term trend has been DOWN since Jan 15th, 2025 at 13.840100
The intermediate-term trend has been DOWN since Mar 10th, 2025 at 13.948771
The short-term trend has been DOWN since Mar 5th, 2025 at 14.130000
Smart Scan Analysis for GBPNOK
Based on our trend formula, GBPNOK is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 13.841565 | 13.844600 | 13.806318 | 13.828381 | -0.013184 |
| Prev. Close | Volume | Bid | Ask | Time |
| 13.841565 | 2025-03-14 04:38:30 |