Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

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.

Open	High	Low	NOKNZD Price	Change
0.1541330	0.1547205	0.1538365	0.1540630	-0.0000700
Entry Signal

MarketClub’s Trade Triangles for NOKNZD

The long-term trend has been DOWN since Apr 25th, 2024 at 0.152985

The intermediate-term trend has been DOWN since Jun 10th, 2024 at 0.152389

The short-term trend has been UP since Jul 24th, 2024 at 0.153000

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

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.1541330	0.1547205	0.1538365	0.1540630	-0.0000700
Prev. Close	Volume	Bid	Ask	Time
0.1541330				2024-07-26 16:59:57

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