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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.

FOREX_AUDNOK
Open High Low AUDNOK Price Change
6.2737808 6.2801073 6.2536533 6.2645811 -0.0092000
Entry Signal

MarketClub’s Trade Triangles for AUDNOK

long term down The long-term trend has been DOWN since Aug 30th, 2021 at 6.3437524

intermediate term down The intermediate-term trend has been DOWN since Aug 17th, 2021 at 6.4502455

short term up 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).

-65
Smart Scan Analysis for AUDNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.2737808 6.2801073 6.2536533 6.2645811 -0.0092000
Prev. Close Volume Bid Ask Time
6.2737808 2021-10-26 07:55:19
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