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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.

FOREX_NOKNZD
Open High Low NOKNZD Price Change
0.1623060 0.1641025 0.1621480 0.1637345 +0.0014280
Entry Signal

MarketClub’s Trade Triangles for NOKNZD

long term up The long-term trend has been UP since Jan 19th, 2021 at 0.1647615

intermediate term down The intermediate-term trend has been DOWN since Feb 22nd, 2021 at 0.1608775

short term up 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).

+75
Smart Scan Analysis for NOKNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1623060 0.1641025 0.1621480 0.1637345 +0.0014280
Prev. Close Volume Bid Ask Time
0.1623060 2021-03-05 09:30:12
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