EUR/NOK Down 715 Pips in Last 4 Hours, Moves Down For the 3rd Day In A Row; in an Uptrend Over Past 30 Days

EUR/NOK 4 Hour Price Update

Updated March 25, 2020 01:43 PM GMT (09:43 AM EST)

EUR/NOK is down 715 pips (0.61%) since the last 4 hour candle (opening the current 4 hour candle near 11.7269), marking the 5th candle in a row a decrease has occurred. Out of the 40 instruments in the Forex asset class, EUR/NOK ended up ranking 34th for the four-hour candle in terms of price change.

EUR/NOK End of Day Recap

Updated 00:30 GMT (04:30 EST)

EUR/NOK is down 184 pips (0.15%) since yesterday (opening today near 11.923), marking the 3rd day in a row a decrease has occurred. Relative to other instruments in the Forex asset class, EUR/NOK ranked 36th yesterday in terms of percentage price change. Here is a price chart of EUR/NOK.

EUR/NOK Technical Analysis

Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving up. For additional context, note that price has gone up 5 out of the past 10 days. And for candlestick traders, a special treat: there is a pin bar pattern showing up on the charts as well. Rejoice!