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Forex Trend Analysis Report

Prepared for you on Thursday, June 13, 2024.

Norwegian Krone/New Zealand Dollar (FOREX:NOKNZD)

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

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.

FOREX_NOKNZD
Open High Low NOKNZD Price Change
0.152862 0.153030 0.152443 0.152503 -0.000359
Entry Signal

MarketClub’s Trade Triangles for NOKNZD

long term down The long-term trend has been DOWN since Apr 25th, 2024 at 0.152985

intermediate term down The intermediate-term trend has been DOWN since Jun 10th, 2024 at 0.152389

short term down The short-term trend has been DOWN since Jun 3rd, 2024 at 0.154335

Smart Scan Analysis for NOKNZD

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

-100
Smart Scan Analysis for NOKNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.152862 0.153030 0.152443 0.152503 -0.000359
Prev. Close Volume Bid Ask Time
0.152862 2024-06-13 11:05:26
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