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Forex Trend Analysis Report

Prepared for you on Saturday, March 6, 2021.

United Arab Emirates Dirham/Norwegian Krone (FOREX:AEDNOK)

Crossroads (+60) - AEDNOK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid AEDNOK?

MarketClub looks at technical strength and momentum to determine if the timing is right for AEDNOK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_AEDNOK
Open High Low AEDNOK Price Change
2.3406246 2.3485846 2.3205327 2.3246141 -0.0160110
Entry Signal

MarketClub’s Trade Triangles for AEDNOK

long term down The long-term trend has been DOWN since Dec 16th, 2020 at 2.3616621

intermediate term up The intermediate-term trend has been UP since Feb 26th, 2021 at 2.3552195

short term up The short-term trend has been UP since Mar 5th, 2021 at 2.3477838

Smart Scan Analysis for AEDNOK

Based on our trend formula, AEDNOK is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for AEDNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.3406246 2.3485846 2.3205327 2.3246141 -0.0160110
Prev. Close Volume Bid Ask Time
2.3406246 2021-03-05 17:04:12
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