Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

Norwegian Krone/New Zealand Dollar (FOREX:NOKNZD)

Crossroads (+60) - NOKNZD is struggling to move into a solid trend. Beware of choppy markets 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
0.1524750 0.1526465 0.1521010 0.1524810 +0.0000060
Entry Signal

MarketClub’s Trade Triangles for NOKNZD

long term down The long-term trend has been DOWN since Aug 28th, 2024 at 0.1519120

intermediate term up The intermediate-term trend has been UP since Oct 7th, 2024 at 0.1532175

short term up The short-term trend has been UP since Oct 22nd, 2024 at 0.1516675

Smart Scan Analysis for NOKNZD

Based on our trend formula, NOKNZD is rated as a +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
0.1524750 0.1526465 0.1521010 0.1524810 +0.0000060
Prev. Close Volume Bid Ask Time
0.1524750 2024-10-25 17:05:45
Get a free daily analysis and signals for Norwegian Krone/New Zealand Dollar (NOKNZD) - Request Your Free Report.