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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Norwegian Krone/New Zealand Dollar (FOREX:NOKNZD)

Bull Market Weakness (+75) - NOKNZD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NOKNZD as it may be in the beginning stages of a reversal.

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
0.1559365 0.1560790 0.1554540 0.1557340 -0.0002020
Entry Signal

MarketClub’s Trade Triangles for NOKNZD

long term up The long-term trend has been UP since Dec 11th, 2024 at 0.1552150

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

short term down The short-term trend has been DOWN since Dec 19th, 2024 at 0.1546445

Smart Scan Analysis for NOKNZD

Based on our trend formula, NOKNZD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for NOKNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1559365 0.1560790 0.1554540 0.1557340 -0.0002020
Prev. Close Volume Bid Ask Time
0.1559365 2024-12-26 06:45:26
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