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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.

FOREX_AUDNOK
Open High Low AUDNOK Price Change
7.079427 7.178282 7.062315 7.081500 +0.002073
Entry Signal

MarketClub’s Trade Triangles for AUDNOK

long term down The long-term trend has been DOWN since Feb 1st, 2024 at 6.843600

intermediate term up The intermediate-term trend has been UP since Mar 12th, 2024 at 6.943900

short term up 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).

+70
Smart Scan Analysis for AUDNOK
Strong Downtrend Sideways 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
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