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Forex Trend Analysis Report

Prepared for you on Tuesday, March 28, 2023.

New Zealand Dollar/Norwegian Krone (FOREX:NZDNOK)

Strong Downtrend (-100) - NZDNOK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NZDNOK continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid NZDNOK?

MarketClub looks at technical strength and momentum to determine if the timing is right for NZDNOK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_NZDNOK
Open High Low NZDNOK Price Change
6.4932 6.5168 6.4688 6.4777 -0.0155
Entry Signal

MarketClub’s Trade Triangles for NZDNOK

long term down The long-term trend has been DOWN since Mar 26th, 2023 at 6.1384

intermediate term down The intermediate-term trend has been DOWN since Mar 26th, 2023 at 6.4397

short term down The short-term trend has been DOWN since Mar 21st, 2023 at 6.6250

Smart Scan Analysis for NZDNOK

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

-100
Smart Scan Analysis for NZDNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.4932 6.5168 6.4688 6.4777 -0.0155
Prev. Close Volume Bid Ask Time
6.4932 2023-03-28 17:03:29
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