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Forex Trend Analysis Report

Prepared for you on Wednesday, January 19, 2022.

Norwegian Krone/New Zealand Dollar (FOREX:NOKNZD)

Countertrend Up (+85) - NOKNZD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
0.1674370 0.1681050 0.1671975 0.1679775 +0.0005400
Entry Signal

MarketClub’s Trade Triangles for NOKNZD

long term up The long-term trend has been UP since Oct 1st, 2021 at 0.1665880

intermediate term up The intermediate-term trend has been UP since Dec 8th, 2021 at 0.1641610

short term down The short-term trend has been DOWN since Jan 19th, 2022 at 0.1672605

Smart Scan Analysis for NOKNZD

Based on our trend formula, NOKNZD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for NOKNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1674370 0.1681050 0.1671975 0.1679775 +0.0005400
Prev. Close Volume Bid Ask Time
0.1674370 2022-01-19 06:26:13
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