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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

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 ?

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
0.1682895 0.1683625 0.1675680 0.1679110 -0.0003790
Entry Signal

MarketClub’s Trade Triangles for NOKNZD

long term down The long-term trend has been DOWN since Aug 5th, 2019 at 0.1712650

intermediate term down The intermediate-term trend has been DOWN since Jan 23rd, 2020 at 0.1683040

short term up The short-term trend has been UP since Feb 17th, 2020 at 0.1683545

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
0.1682895 0.1683625 0.1675680 0.1679110 -0.0003790
Prev. Close Volume Bid Ask Time
0.1682895 0.1678600 0.1679620 2020-02-17 21:35:18
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