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Market Overview
The NZD/NOK pair closed at 5.80538 on December 1, 2025, showing a modest increase of 0.08% from the previous close, yet remains within a downtrend as indicated by the 5-day SMA at 5.8047 slightly below the 20-day SMA of 5.8053. Over the past 30 days, the pair has traded between 5.79583 and 5.81388, reflecting limited volatility. The forecast suggests NZD/NOK will continue to trade in a narrow range near current levels, influenced by upcoming economic data from New Zealand and Norway, particularly dairy export figures and oil sector updates. Technical indicators show the 50-day and 200-day SMAs near 5.81 and 5.82 respectively, with an RSI around neutral levels. Nearest support is at 5.7958 and resistance at 5.8139. For information only.
Last Updated 12/4/25

Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.