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Forex Trend Analysis Report

Prepared for you on Friday, May 30, 2025.

Australian Dollar/Norwegian Krone (FOREX:AUDNOK)

Countertrend Down (-85) - AUDNOK is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
6.5204739 6.5822000 6.5161642 6.5663436 +0.0458700
Entry Signal

MarketClub’s Trade Triangles for AUDNOK

long term down The long-term trend has been DOWN since Aug 6th, 2024 at 6.9443830

intermediate term down The intermediate-term trend has been DOWN since Jan 24th, 2025 at 7.0102500

short term up The short-term trend has been UP since May 30th, 2025 at 6.5802278

Smart Scan Analysis for AUDNOK

Based on our trend formula, AUDNOK is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for AUDNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.5204739 6.5822000 6.5161642 6.5663436 +0.0458700
Prev. Close Volume Bid Ask Time
6.5204739 2025-05-30 17:02:37
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