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Forex Trend Analysis Report

Prepared for you on Tuesday, April 7, 2020.

Norwegian Krone/New Zealand Dollar (FOREX:NOKNZD)

Weak Downtrend (-65) - NOKNZD is showing signs of a strengthening downtrend. Monitor NOKNZD as it may be building momentum to the downside.

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
0.1618260 0.1645090 0.1611470 0.1626145 +0.0007880
Entry Signal

MarketClub’s Trade Triangles for NOKNZD

long term down The long-term trend has been DOWN since Mar 8th, 2020 at 0.1661160

intermediate term down The intermediate-term trend has been DOWN since Mar 8th, 2020 at 0.1672990

short term up The short-term trend has been UP since Apr 7th, 2020 at 0.1644475

Smart Scan Analysis for NOKNZD

Based on our trend formula, NOKNZD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for NOKNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1618260 0.1645090 0.1611470 0.1626145 +0.0007880
Prev. Close Volume Bid Ask Time
0.1618260 0.1625230 0.1627060 2020-04-07 16:49:09
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