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Forex Trend Analysis Report

Prepared for you on Friday, March 31, 2023.

Norwegian Krone/Polish New Zloty (FOREX:NOKPLN)

Long-Term Downtrend (-90) - NOKPLN is in a strong downtrend that is likely to continue. While NOKPLN is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution 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
0.412520 0.413170 0.409650 0.412115 -0.000405
Entry Signal

MarketClub’s Trade Triangles for NOKPLN

long term down The long-term trend has been DOWN since Nov 16th, 2022 at 0.451610

intermediate term down The intermediate-term trend has been DOWN since Mar 1st, 2023 at 0.426015

short term down The short-term trend has been DOWN since Mar 27th, 2023 at 0.412420

Smart Scan Analysis for NOKPLN

Based on our trend formula, NOKPLN is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for NOKPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.412520 0.413170 0.409650 0.412115 -0.000405
Prev. Close Volume Bid Ask Time
0.412520 2023-03-31 17:08:04
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