CADNOK NEWS why is Canadian Dollar / Norwegian Krone price falling or rising

CADNOK NEWS reasons for why stock price of Canadian Dollar / Norwegian Krone is falling or rising

CADNOK Canadian Dollar is falling or rising technical reasons

Technical analysis forecast for Canadian Dollar Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Canadian Dollar CADNOK at this time. Stock is falling and might fall more.

It appears as if Canadian Dollar CADNOK gave a large move recently.

Stock of Canadian Dollar (CADNOK) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

Although my analysis for Canadian Dollar is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 7.6, for a target of 7.7 or 7.77

CADNOK Canadian Dollar is falling or rising NEWS fundamental reasons

Canadian dollar, Mexican peso at one-month low as US tariffs set to take effect The Canadian dollar and Mexican peso reached monthly lows as trade war fears heightened following U.S. President Trump's announcement of 25% tariffs on goods from these countries. Corporate leaders and economists warn of setbacks to the North American econ - NEWS as on 2025-03-04 indiatimes.com

More announcements and NEWS

CADNOK Canadian Dollar / Norwegian Krone current price & indicator signals

Moving Averages for Canadian Dollar / Norwegian Krone

5Day Average: 7.69
12Day Average: 7.75
20Day Average: 7.79
50Day Average: 7.84
100Day Average: 7.86
150Day Average: 7.86
200Day Average: 7.84

CADNOK Indicators & signals

Indicator MACD (12,26,9)

7.74, 7.79, -0.03
Indicator MACD is in negative zone

Indicator ADX (14)

14.29, 37.5, 50
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 40
Indicator RSI is indicating selling pressure and stock might fall.

Recent prices of CADNOK Canadian Dollar / Norwegian Krone are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
06 Thu Mar 2025	7.61230	7.54050 to 7.62810	0.05%	0 times
05 Wed Mar 2025	7.60830	7.59840 to 7.71930	-1.26%	0 times
04 Tue Mar 2025	7.70500	7.67950 to 7.76720	-0.34%	0 times
03 Mon Mar 2025	7.73100	7.71200 to 7.78660	-0.61%	0 times
28 Fri Feb 2025	7.77870	7.77870 to 7.81640	-0.12%	0 times
27 Thu Feb 2025	7.78790	7.76810 to 7.80460	0.07%	0 times
26 Wed Feb 2025	7.78220	7.75160 to 7.78830	0.18%	0 times
25 Tue Feb 2025	7.76810	7.76010 to 7.80910	-0.33%	0 times
24 Mon Feb 2025	7.79400	7.79400 to 7.83900	-0.52%	0 times
21 Fri Feb 2025	7.83460	7.81470 to 7.84040	0.09%	0 times
20 Thu Feb 2025	7.82740	7.79970 to 7.84300	0.03%	0 times
19 Wed Feb 2025	7.82470	7.81750 to 7.86730	0%	0 times