Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Norwegian Krone/Swedish Krona (FOREX:NOKSEK)

Sidelines Mode (-55) - NOKSEK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_NOKSEK
Open High Low NOKSEK Price Change
0.934135 0.936050 0.930000 0.935335 +0.001200
Entry Signal

MarketClub’s Trade Triangles for NOKSEK

long term down The long-term trend has been DOWN since Jul 23rd, 2024 at 0.952925

intermediate term down The intermediate-term trend has been DOWN since Apr 4th, 2025 at 0.928075

short term up The short-term trend has been UP since May 7th, 2025 at 0.934800

Smart Scan Analysis for NOKSEK

Based on our trend formula, NOKSEK is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for NOKSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.934135 0.936050 0.930000 0.935335 +0.001200
Prev. Close Volume Bid Ask Time
0.934135 2025-05-09 08:48:35
Get a free daily analysis and signals for Norwegian Krone/Swedish Krona (NOKSEK) - Request Your Free Report.