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.
MarketClub’s Trade Triangles for NOKPLN
The long-term trend has been DOWN since Jun 6th, 2019 at 0.435165
The intermediate-term trend has been UP since Apr 1st, 2020 at 0.404775
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).