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Forex Trend Analysis Report

Prepared for you on Wednesday, June 29, 2022.

Norwegian Krone/New Zealand Dollar (FOREX:NOKNZD)

Sidelines Mode (-55) - NOKNZD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

FOREX_NOKNZD
Open High Low NOKNZD Price Change
0.1627725 0.1632575 0.1623660 0.1631550 +0.0003830
Entry Signal

MarketClub’s Trade Triangles for NOKNZD

long term down The long-term trend has been DOWN since Mar 6th, 2022 at 0.1608150

intermediate term down The intermediate-term trend has been DOWN since Jun 15th, 2022 at 0.1595775

short term up The short-term trend has been UP since Jun 20th, 2022 at 0.1599600

Smart Scan Analysis for NOKNZD

Based on our trend formula, NOKNZD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for NOKNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1627725 0.1632575 0.1623660 0.1631550 +0.0003830
Prev. Close Volume Bid Ask Time
0.1627725 2022-06-29 03:55:10
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