EUR_NOK Analysis

Last: 11.88310 | Change: -0.01055 | Date: 2025-04-24

Phase: Mean Reversion > Early Mean Reversion > Distribution To Range > Controlled Selling > Controlled Selling > Distribution to Range: Controlled Selling 80.0%

Market State

Market State

Trend: Downtrend (Weak)
RSI: 44.44 (Neutral)
Volume: Declining (Low)
Volatility: 0.2212 (Normal)
Price Action: Normal
Price Structure: Higher Highs & Lows
Momentum: -0.0096 (Strong)
ATR: 0.0263
NATR: 0.2212
Trend Alignment: No

Phase Analysis

Current Phase: Mean Reversion > Early Mean Reversion > Distribution To Range > Controlled Selling

Confidence: 80.0%

Stage: Controlled Selling

Detail: Distribution to Range: Controlled Selling

Daily Timeframe

Phase: Momentum > Mid Momentum > Continuation Breakouts > Range Break

Confidence: 80.0%

Stage: Range Break

Description: A breakout from a consolidation range.

Alignment with Current Phase: Significant Conflict (-60 pts)

Current Category: Reversal

Daily Category: Continuation

H4 Timeframe

Phase: Mean Reversion > Mean Reversion Resolution > Transition To New Momentum > Early Signs

Confidence: 100.0%

Stage: Early Signs

Description: Early indications that a new trend is emerging.

Alignment with Current Phase: Aligned (+5 pts)

Current Category: Reversal

H4 Category: Reversal

Market Metrics

Trend: Down (Weak)

RSI: 44.4 (Neutral)

Volume: Declining (Low)

Volatility: 0.2212 (High)

Support & Resistance

Current Price: 11.8831

Resistance Levels

11.9352 Strong (0.44% away)
11.9006 Strong (0.15% away)
11.9468 Strong (0.54% away)

Support Levels

11.8367 Strong (0.39% away)
11.8111 Strong (0.61% away)
11.7855 Strong (0.82% away)

Trade Setups