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Forex Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

Norwegian Krone/New Zealand Dollar (FOREX:NOKNZD)

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

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
0.1533050 0.1536015 0.1528555 0.1529260 -0.0003790
Entry Signal

MarketClub’s Trade Triangles for NOKNZD

long term down The long-term trend has been DOWN since Apr 25th, 2024 at 0.152985

intermediate term down The intermediate-term trend has been DOWN since Feb 5th, 2024 at 0.154623

short term down The short-term trend has been DOWN since Apr 24th, 2024 at 0.153196

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
0.1533050 0.1536015 0.1528555 0.1529260 -0.0003790
Prev. Close Volume Bid Ask Time
0.1533050 2024-04-25 23:04:07
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