Forex Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
Australian Dollar/Norwegian Krone (FOREX:AUDNOK)
Weak Downtrend (-65) - AUDNOK is showing signs of a strengthening downtrend. Monitor AUDNOK as it may be building momentum to the downside.
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 30th, 2021 at 6.3437524
The intermediate-term trend has been DOWN since Aug 17th, 2021 at 6.4502455
The short-term trend has been UP since Oct 19th, 2021 at 6.2741000
Smart Scan Analysis for AUDNOK
Based on our trend formula, AUDNOK is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).