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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Norwegian Krone/Australian Dollar (FOREX:NOKAUD)

Long-Term Uptrend (+90) - NOKAUD is in a strong uptrend that is likely to continue. While NOKAUD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid NOKAUD?

MarketClub looks at technical strength and momentum to determine if the timing is right for NOKAUD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_NOKAUD
Open High Low NOKAUD Price Change
0.1411905 0.1416135 0.1407040 0.1410425 -0.0001480
Entry Signal

MarketClub’s Trade Triangles for NOKAUD

long term up The long-term trend has been UP since Dec 4th, 2024 at 0.1406915

intermediate term up The intermediate-term trend has been UP since Nov 15th, 2024 at 0.1394485

short term up The short-term trend has been UP since Dec 26th, 2024 at 0.1414950

Smart Scan Analysis for NOKAUD

Based on our trend formula, NOKAUD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for NOKAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1411905 0.1416135 0.1407040 0.1410425 -0.0001480
Prev. Close Volume Bid Ask Time
0.1411905 2024-12-26 21:14:11
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