Indicators
Indicators
Value
Direction
MACD(12,26,9)
-0.006
Sell
RSI(14)
42.975
Neutral
STOCH(KDJ)(9,3,3)
24.075
Neutral
ATR(14)
0.068
Low Volatility
CCI(14)
-87.492
Neutral
Williams %R
71.899
Sell
TRIX(12,20)
-0.053
Sell
StochRSI(14)
100.000
Buy
Search
EUR/NOK
Add to Watchlist
10.915
+0.025+0.23%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D
Today
+0.23%
5 Days
-0.16%
1 Month
-0.95%
6 Months
-2.93%
Year to Date
-7.56%
1 Year
-8.81%
Key Data Points
Opening Price
10.869Previous Closing Price
10.889
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Indicators
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
Sell
Moving Average
Indicators
Value
Direction
MA5
10.897
Buy
MA10
10.926
Sell
MA20
10.948
Sell
MA50
11.050
Sell
MA100
10.973
Sell
MA200
11.242
Sell
EUR/NOK Trading Strategy
Intraday
Medium Term
Short Term
Trading Strategy
The downside prevails as long as 10.9229 is resistance, with 10.8700 and 10.8563 as targets
Alternative scenario
above 10.9229, look for 10.9460 and 10.9598.
Comment
The downside prevails as long as 10.9229 is resistance, with 10.8700 and 10.8563 as targets
4 hours ago
Source: Trading Central(Reference Only)
More Details of EUR/NOK
The EURNOK, or Euro vs Norwegian Krone, is a currency pair that represents the exchange rate between the Eurozone’s currency, the Euro (EUR), and Norway’s currency, the Norwegian Krone (NOK). As Norway is not a member of the European Union but closely linked to the EU through the European Economic Area (EEA), the EURNOK pair is influenced by a combination of European and Norwegian economic and political events. It is a less liquid pair compared to major currency pairs but offers unique trading opportunities due to Norway’s significant oil exports and its independent monetary policy.
Why do traders choose to trade the EURNOK currency pair?
Traders may choose to trade EURNOK due to its sensitivity to oil prices, as Norway is a major oil exporter. Additionally, the pair can offer attractive interest rate differentials, making it appealing for carry trades.
How does the oil market affect the EURNOK exchange rate?
Since Norway is a significant oil producer, fluctuations in oil prices can have a direct impact on the Norwegian Krone. Higher oil prices typically strengthen the NOK, while lower oil prices can weaken it.
Is the EURNOK pair considered a major or a minor currency pair?
The EURNOK is generally considered a minor currency pair, as it does not involve the US Dollar and is less liquid than the major pairs.
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