Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, September 28, 2023.

Norwegian Krone/New Zealand Dollar (FOREX:NOKNZD)

Sidelines Mode (+55) - NOKNZD 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 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
0.1564375 0.1570930 0.1564240 0.1567490 +0.0003110
Entry Signal

MarketClub’s Trade Triangles for NOKNZD

long term up The long-term trend has been UP since Jul 17th, 2023 at 0.156125

intermediate term down The intermediate-term trend has been DOWN since Aug 18th, 2023 at 0.158014

short term up The short-term trend has been UP since Sep 27th, 2023 at 0.156463

Smart Scan Analysis for NOKNZD

Based on our trend formula, NOKNZD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for NOKNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1564375 0.1570930 0.1564240 0.1567490 +0.0003110
Prev. Close Volume Bid Ask Time
0.1564375 2023-09-28 04:24:56
Get a free daily analysis and signals for Norwegian Krone/New Zealand Dollar (NOKNZD) - Request Your Free Report.