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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.

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

MarketClub’s Trade Triangles for NOKPLN

long term down The long-term trend has been DOWN since Oct 23rd, 2023 at 0.377540

intermediate term down The intermediate-term trend has been DOWN since Oct 4th, 2023 at 0.399835

short term up 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
Smart Scan Analysis for NOKPLN
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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