Free Daily Analysis
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for NZDNOK
The long-term trend has been DOWN since Mar 26th, 2023 at 6.1384
The intermediate-term trend has been DOWN since Mar 26th, 2023 at 6.4397
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).
| 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 |