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.
MarketClub’s Trade Triangles for NOKNZD
The long-term trend has been DOWN since Mar 8th, 2020 at 0.1661160
The intermediate-term trend has been DOWN since Mar 8th, 2020 at 0.1672990
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).