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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Norwegian Krone/Euro (FOREX:NOKEUR)
Long-Term Downtrend (-90) - NOKEUR is in a strong downtrend that is likely to continue. While NOKEUR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid NOKEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOKEUR.
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 NOKEUR
The long-term trend has been DOWN since Mar 29th, 2024 at 0.08424653
The intermediate-term trend has been DOWN since Jan 16th, 2024 at 0.08771450
The short-term trend has been DOWN since Apr 25th, 2024 at 0.08488000
Smart Scan Analysis for NOKEUR
Based on our trend formula, NOKEUR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.08504300 | 0.08539000 | 0.08482628 | 0.08491850 | -0.00012400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.08504300 | 2024-04-25 13:37:01 |