Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Norwegian Krone/New Zealand Dollar (FOREX:NOKNZD)

Crossroads (-60) - NOKNZD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

Open	High	Low	NOKNZD Price	Change
0.1538680	0.1542175	0.1534820	0.1540085	+0.0001400
Entry Signal

MarketClub’s Trade Triangles for NOKNZD

The long-term trend has been UP since Jan 25th, 2024 at 0.1567310

The intermediate-term trend has been DOWN since Feb 5th, 2024 at 0.1546230

The short-term trend has been DOWN since Apr 17th, 2024 at 0.1539705

Smart Scan Analysis for NOKNZD

Based on our trend formula, NOKNZD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.1538680	0.1542175	0.1534820	0.1540085	+0.0001400
Prev. Close	Volume	Bid	Ask	Time
0.1538680				2024-04-19 11:41:41

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