Forex Trend Analysis Report
Prepared for you on Friday, March 29, 2024.
Australian Dollar/Norwegian Krone (FOREX:AUDNOK)
Bull Market Weakness (+75) - AUDNOK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AUDNOK as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid AUDNOK?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDNOK.
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 AUDNOK
The long-term trend has been DOWN since Feb 1st, 2024 at 6.843600
The intermediate-term trend has been UP since Mar 12th, 2024 at 6.943900
The short-term trend has been UP since Mar 18th, 2024 at 6.976608
Smart Scan Analysis for AUDNOK
Based on our trend formula, AUDNOK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
7.079427 | 7.178282 | 7.062315 | 7.081500 | +0.002073 |
Prev. Close | Volume | Bid | Ask | Time |
7.079427 | 2024-03-29 06:43:07 |