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Forex Trend Analysis Report
Prepared for you on Friday, May 30, 2025.
Norwegian Krone/South African Rand (FOREX:NOKZAR)
Sidelines Mode (-50) - NOKZAR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until NOKZAR can gain momentum.
Is it time to buy, sell, or avoid NOKZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOKZAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for NOKZAR
The long-term trend has been UP since Jan 10th, 2025 at 1.6717535
The intermediate-term trend has been DOWN since May 2nd, 2025 at 1.7603218
The short-term trend has been DOWN since May 28th, 2025 at 1.7614278
Smart Scan Analysis for NOKZAR
Based on our trend formula, NOKZAR is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.7584150 | 1.7687796 | 1.7512436 | 1.7621407 | +0.0037260 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.7584150 | 2025-05-30 17:02:37 |