Market Conditions for NOKEUR as at Aug 05, 2020
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Last 30 Days:
Support & Resistance
Multi Time Period Price Performance for Norwegian Krone/Euro
Norwegian Krone/Euro ProfileThe Norwegian Krone/Euro (NOK/EUR) is a Forex (FX) currency pair traded in foreign exchange spot transactions around the globe. NOK is the base currency and EUR is the quote currency, meaning that 1 Norwegian Krone was worth 0.0942 Euro at the end of the New York trading session on Wednesday, 1.07% more than at the previous close.
Technical Analysis Summary for Aug. 5, 2020
Although NOK/EUR is currently in a short-term downtrend, this could just be a correction, as both the medium and long-term trends are still bullish. Wednesday's trading range has been 12 pips (1.29%), that's above the last trading month's daily average range of 9 pips. Trading close to June's high at 0.0959 we might see further upside momentum if potential buy stops at the level get triggered.
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