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Forex Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

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
6.738950 6.758500 6.724741 6.739444 +0.000494
Entry Signal

MarketClub’s Trade Triangles for AUDNOK

long term up The long-term trend has been UP since Mar 4th, 2022 at 6.5855392

intermediate term down The intermediate-term trend has been DOWN since Jun 19th, 2022 at 6.7136560

short term down The short-term trend has been DOWN since Aug 17th, 2022 at 6.7582080

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
6.738950 6.758500 6.724741 6.739444 +0.000494
Prev. Close Volume Bid Ask Time
6.738950 2022-08-19 16:42:48
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