EUR_NOK Analysis

Last: 11.86033 | Change: 0.00727 | Date: 2025-04-25

Phase: Momentum > Early Momentum > Initial Thrust > Alternative Thrust > Alternative Thrust > Initial Thrust: Alternative Thrust 80.0%

Market State

Market State

Trend: Downtrend (Weak)
RSI: 53.87 (Neutral)
Volume: Declining (Normal)
Volatility: 0.2233 (Normal)
Price Action: Normal
Price Structure: Sideways
Momentum: 0.0072 (Strong)
ATR: 0.0265
NATR: 0.2233
Trend Alignment: No

Phase Analysis

Current Phase: Momentum > Early Momentum > Initial Thrust > Alternative Thrust

Confidence: 80.0%

Stage: Alternative Thrust

Detail: Initial Thrust: Alternative Thrust

Description: This branch captures bullish short-term moves with high RSI and lower volume ratio, even when long-term trend is weak.

Daily Timeframe

Phase: Momentum > Late Momentum > Distribution Phase > Active Distribution

Confidence: 60.0%

Stage: Active Distribution

Description: Strong selling pressure dominates.

Alignment with Current Phase: Aligned (+8 pts)

Current Category: Continuation

Daily Category: Continuation

H4 Timeframe

Phase: Mean Reversion > Active Mean Reversion > Swing Legs > Accumulation Leg

Confidence: 80.0%

Stage: Accumulation Leg

Alignment with Current Phase: Significant Conflict (-50 pts)

Current Category: Continuation

H4 Category: Reversal

Market Metrics

Trend: Down (Weak)

RSI: 53.9 (Neutral)

Volume: Declining (Normal)

Volatility: 0.2233 (High)

Support & Resistance

Current Price: 11.8603

Resistance Levels

11.8651 Strong (0.04% away)
11.9352 Strong (0.63% away)
11.9006 Strong (0.34% away)

Support Levels

11.8113 Strong (0.41% away)
11.8367 Strong (0.20% away)
11.8093 Strong (0.43% away)

Trade Setups