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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Norwegian Krone/Japanese Yen (FOREX:NOKJPY)

Crossroads (+60) - NOKJPY is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_NOKJPY
Open High Low NOKJPY Price Change
13.959855 13.960110 13.926980 13.928000 -0.031855
Entry Signal

MarketClub’s Trade Triangles for NOKJPY

long term down The long-term trend has been DOWN since Apr 9th, 2025 at 13.187449

intermediate term up The intermediate-term trend has been UP since May 1st, 2025 at 13.869730

short term up The short-term trend has been UP since May 7th, 2025 at 13.961902

Smart Scan Analysis for NOKJPY

Based on our trend formula, NOKJPY is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for NOKJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.959855 13.960110 13.926980 13.928000 -0.031855
Prev. Close Volume Bid Ask Time
13.959855 2025-05-09 01:53:57
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