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Forex Trend Analysis Report
Prepared for you on Friday, January 21, 2022.
New Zealand Dollar/Norwegian Krone (FOREX:NZDNOK)
Bear Market Rally (-75) - NZDNOK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NZDNOK as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid NZDNOK?
MarketClub looks at technical strength and momentum to determine if the timing is right for NZDNOK.
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 NZDNOK
The long-term trend has been DOWN since Oct 1st, 2021 at 6.0023
The intermediate-term trend has been DOWN since Dec 8th, 2021 at 6.0919
The short-term trend has been UP since Jan 18th, 2022 at 5.9823
Smart Scan Analysis for NZDNOK
Based on our trend formula, NZDNOK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.94485 | 5.94950 | 5.94450 | 5.94740 | +0.00255 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.94485 | 2022-01-21 01:04:52 |