Forex Trend Analysis Report
Prepared for you on Friday, March 5, 2021.
Norwegian Krone/New Zealand Dollar (FOREX:NOKNZD)
Bull Market Weakness (+75) - NOKNZD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NOKNZD as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for NOKNZD
The long-term trend has been UP since Jan 19th, 2021 at 0.1647615
The intermediate-term trend has been DOWN since Feb 22nd, 2021 at 0.1608775
The short-term trend has been UP since Mar 2nd, 2021 at 0.1609525
Smart Scan Analysis for NOKNZD
Based on our trend formula, NOKNZD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).