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Forex Trend Analysis Report

Prepared for you on Saturday, August 8, 2020.

Norwegian Krone/New Zealand Dollar (FOREX:NOKNZD)

Strong Uptrend (+100) - NOKNZD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, NOKNZD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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

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

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

FOREX_NOKNZD
Open High Low NOKNZD Price Change
0.1660645 0.1678820 0.1659955 0.1676025 +0.0015380
Entry Signal

MarketClub’s Trade Triangles for NOKNZD

long term up The long-term trend has been UP since Aug 5th, 2020 at 0.1667315

intermediate term up The intermediate-term trend has been UP since Jul 14th, 2020 at 0.1631940

short term up The short-term trend has been UP since Aug 4th, 2020 at 0.1661735

Smart Scan Analysis for NOKNZD

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

+100
Smart Scan Analysis for NOKNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1660645 0.1678820 0.1659955 0.1676025 +0.0015380
Prev. Close Volume Bid Ask Time
0.1660645 0.1672510 0.1679540 2020-08-07 17:30:19
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