Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Tuesday, October 3, 2023.
Australian Dollar/Norwegian Krone (FOREX:AUDNOK)
Crossroads (+60) - AUDNOK 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 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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for AUDNOK
The long-term trend has been DOWN since Aug 1st, 2023 at 6.754250
The intermediate-term trend has been UP since Aug 28th, 2023 at 6.894600
The short-term trend has been UP since Oct 2nd, 2023 at 6.910885
Smart Scan Analysis for AUDNOK
Based on our trend formula, AUDNOK is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.903999 | 6.934957 | 6.852184 | 6.910900 | +0.006901 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.903999 | 2023-10-03 20:01:28 |