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Forex Trend Analysis Report

Prepared for you on Monday, November 30, 2020.

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.

FOREX_AUDNOK
Open High Low AUDNOK Price Change
6.5356580 6.5785688 6.4858951 6.5355000 -0.0001580
Entry Signal

MarketClub’s Trade Triangles for AUDNOK

long term up The long-term trend has been UP since Sep 21st, 2020 at 6.6865482

intermediate term down The intermediate-term trend has been DOWN since Nov 24th, 2020 at 6.5311661

short term down The short-term trend has been DOWN since Nov 30th, 2020 at 6.4928659

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).

-60
Smart Scan Analysis for AUDNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.5356580 6.5785688 6.4858951 6.5355000 -0.0001580
Prev. Close Volume Bid Ask Time
6.5356580 2020-11-30 18:18:32
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