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Forex Trend Analysis Report

Prepared for you on Thursday, September 19, 2019.

Norwegian Krone/New Zealand Dollar (FOREX:NOKNZD)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_NOKNZD
Open High Low NOKNZD Price Change
0.177045 0.178130 0.176520 0.176710 -0.000335
Entry Signal

MarketClub’s Trade Triangles for NOKNZD

long term down The long term trend has been DOWN since Aug 5th, 2019 at 0.171265

intermediate term up The intermediate term trend has been UP since Aug 7th, 2019 at 0.175275

short term up The short term trend has been UP since Sep 13th, 2019 at 0.174270

Smart Scan Analysis for NOKNZD

Based on a pre-defined weighted trend formula for chart analysis, NOKNZD scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for NOKNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.177045 0.178130 0.176520 0.176710 -0.000335
Prev. Close Volume Bid Ask Time
0.177045 0.176660 0.176760 2019-09-19 15:14:05
Want to analyze Norwegian Krone/New Zealand Dollar NOKNZD or another symbol? Try our Free Forex Trend Analysis Report.