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Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Norwegian Krone/Australian Dollar (FOREX:NOKAUD)
Strong Downtrend (-100) - NOKAUD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NOKAUD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid NOKAUD?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOKAUD.
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 NOKAUD
The long-term trend has been DOWN since Apr 1st, 2024 at 0.1409005
The intermediate-term trend has been DOWN since Feb 5th, 2024 at 0.1441945
The short-term trend has been DOWN since Apr 17th, 2024 at 0.1411055
Smart Scan Analysis for NOKAUD
Based on our trend formula, NOKAUD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.1409225 | 0.1409435 | 0.1407195 | 0.1408490 | -0.0000740 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.1409225 | 2024-04-24 02:21:57 |