Forex Trend Analysis Report

Prepared for you on Wednesday, March 29, 2023.

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
0.1541120	0.1545615	0.1540115	0.1543375	+0.0002250
Entry Signal

MarketClub’s Trade Triangles for NOKNZD

The long-term trend has been DOWN since Nov 17th, 2022 at 0.1613870

The intermediate-term trend has been DOWN since Mar 7th, 2023 at 0.1535165

The short-term trend has been UP since Mar 21st, 2023 at 0.1509215

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
0.1541120	0.1545615	0.1540115	0.1543375	+0.0002250
Prev. Close	Volume	Bid	Ask	Time
0.1541120				2023-03-29 03:57:30

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