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Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Norwegian Krone/Polish New Zloty (FOREX:NOKPLN)

Strong Downtrend (-100) - NOKPLN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NOKPLN continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid NOKPLN?

MarketClub looks at technical strength and momentum to determine if the timing is right for NOKPLN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_NOKPLN
Open High Low NOKPLN Price Change
0.36707 0.36719 0.36658 0.36680 -0.00027
Entry Signal

MarketClub’s Trade Triangles for NOKPLN

long term down The long-term trend has been DOWN since Oct 23rd, 2023 at 0.37754

intermediate term down The intermediate-term trend has been DOWN since Apr 29th, 2024 at 0.36569

short term down The short-term trend has been DOWN since May 7th, 2024 at 0.36715

Smart Scan Analysis for NOKPLN

Based on our trend formula, NOKPLN is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for NOKPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.36707 0.36719 0.36658 0.36680 -0.00027
Prev. Close Volume Bid Ask Time
0.36707 2024-05-09 04:38:40
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