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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Norwegian Krone/South African Rand (FOREX:NOKZAR)
Strong Downtrend (-100) - NOKZAR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NOKZAR continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid NOKZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOKZAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for NOKZAR
The long-term trend has been DOWN since Mar 29th, 2024 at 1.7176431
The intermediate-term trend has been DOWN since Jun 17th, 2024 at 1.7131058
The short-term trend has been DOWN since Jul 21st, 2024 at 1.6710681
Smart Scan Analysis for NOKZAR
Based on our trend formula, NOKZAR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.6625900 | 1.6684617 | 1.6547524 | 1.6590541 | -0.0035360 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.6625900 | 2024-07-26 17:00:04 |