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.

Open	High	Low	NOKPLN Price	Change
0.370120	0.370545	0.368465	0.369345	-0.000775
Entry Signal

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).

-85

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.370120	0.370545	0.368465	0.369345	-0.000775
Prev. Close	Volume	Bid	Ask	Time
0.370120				2023-12-08 17:06:56

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