Forex Trend Analysis Report
Prepared for you on Saturday, December 9, 2023.
Norwegian Krone/Polish New Zloty (FOREX:NOKPLN)
Countertrend Down (-85) - NOKPLN is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
MarketClub’s Trade Triangles for NOKPLN
The long-term trend has been DOWN since Oct 23rd, 2023 at 0.377540
The intermediate-term trend has been DOWN since Oct 4th, 2023 at 0.399835
The short-term trend has been UP since Dec 8th, 2023 at 0.370415
Smart Scan Analysis for NOKPLN
Based on our trend formula, NOKPLN is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).