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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 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.
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MarketClub’s Trade Triangles for NOKNZD
The long-term trend has been DOWN since Aug 28th, 2024 at 0.1519120
The intermediate-term trend has been UP since Oct 7th, 2024 at 0.1532175
The short-term trend has been UP since Nov 7th, 2024 at 0.1525390
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.1540530 | 0.1543380 | 0.1540100 | 0.1540365 | -0.0000170 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.1540530 | 2024-11-20 03:51:06 |