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Forex Trend Analysis Report

Prepared for you on Wednesday, December 12, 2018.

Australian Dollar/Norwegian Krone (FOREX:AUDNOK)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_AUDNOK
Open High Low AUDNOK Price Change
6.1858 6.1948 6.1762 6.1862 +0.0004
Entry Signal

MarketClub’s Trade Triangles for AUDNOK

long term up The long term trend has been UP since Nov 23rd, 2018 at 6.20840

intermediate term down The intermediate term trend has been DOWN since Dec 9th, 2018 at 6.10765

short term up The short term trend has been UP since Dec 11th, 2018 at 6.17140

Smart Scan Analysis for AUDNOK

Based on a pre-defined weighted trend formula for chart analysis, AUDNOK scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for AUDNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.1858 6.1948 6.1762 6.1862 +0.0004
Prev. Close Volume Bid Ask Time
6.1858 6.1850 6.1874 2018-12-12 19:20:59
Want to analyze Australian Dollar/Norwegian Krone AUDNOK or another symbol? Try our Free Forex Trend Analysis Report.