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.
MarketClub’s Trade Triangles for NOKNZD
The long-term trend has been UP since Aug 5th, 2020 at 0.1667315
The intermediate-term trend has been UP since Jul 14th, 2020 at 0.1631940
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).