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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

Norwegian Krone/Polish New Zloty (FOREX:NOKPLN)

Sidelines Mode (-55) - NOKPLN 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 NOKPLN?

MarketClub looks at technical strength and momentum to determine if the timing is right for NOKPLN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_NOKPLN
Open High Low NOKPLN Price Change
0.414300 0.414460 0.413235 0.413375 -0.000925
Entry Signal

MarketClub’s Trade Triangles for NOKPLN

long term down The long-term trend has been DOWN since Jun 6th, 2019 at 0.435165

intermediate term up The intermediate-term trend has been UP since Apr 1st, 2020 at 0.404775

short term down The short-term trend has been DOWN since May 21st, 2020 at 0.413165

Smart Scan Analysis for NOKPLN

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

-55
Smart Scan Analysis for NOKPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.414300 0.414460 0.413235 0.413375 -0.000925
Prev. Close Volume Bid Ask Time
0.414300 0.413250 0.413500 2020-05-25 05:21:42
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