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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Hong Kong Dollar/Norwegian Krone (FOREX:HKDNOK)

Countertrend Down (-85) - HKDNOK is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid HKDNOK?

MarketClub looks at technical strength and momentum to determine if the timing is right for HKDNOK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_HKDNOK
Open High Low HKDNOK Price Change
134.2485 134.4335 133.5460 133.6080 -0.6405
Entry Signal

MarketClub’s Trade Triangles for HKDNOK

long term down The long-term trend has been DOWN since Mar 5th, 2025 at 141.4785

intermediate term down The intermediate-term trend has been DOWN since Apr 29th, 2025 at 132.9795

short term up The short-term trend has been UP since May 8th, 2025 at 134.4500

Smart Scan Analysis for HKDNOK

Based on our trend formula, HKDNOK is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for HKDNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
134.2485 134.4335 133.5460 133.6080 -0.6405
Prev. Close Volume Bid Ask Time
134.2485 2025-05-09 03:58:29
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