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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Mexican Peso/Norwegian Krone (FOREX:MXNNOK)
Weak Downtrend (-65) - MXNNOK is showing signs of a strengthening downtrend. Monitor MXNNOK as it may be building momentum to the downside.
Is it time to buy, sell, or avoid MXNNOK?
MarketClub looks at technical strength and momentum to determine if the timing is right for MXNNOK.
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 MXNNOK
The long-term trend has been UP since Aug 28th, 2023 at 0.640550
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 0.644630
The short-term trend has been DOWN since Apr 25th, 2024 at 0.640385
Smart Scan Analysis for MXNNOK
Based on our trend formula, MXNNOK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.637495 | 0.644495 | 0.634280 | 0.642960 | +0.005465 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.637495 | 2024-04-26 17:04:58 |