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Forex Trend Analysis Report

Prepared for you on Saturday, March 6, 2021.

Norwegian Krone/Australian Dollar (FOREX:NOKAUD)

Weak Downtrend (-65) - NOKAUD is showing signs of a strengthening downtrend. Monitor NOKAUD as it may be building momentum to the downside.

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
0.1509380 0.1526930 0.1506710 0.1521375 +0.0012000
Entry Signal

MarketClub’s Trade Triangles for NOKAUD

long term down The long-term trend has been DOWN since Sep 21st, 2020 at 0.1495730

intermediate term down The intermediate-term trend has been DOWN since Feb 19th, 2021 at 0.1501545

short term up The short-term trend has been UP since Mar 2nd, 2021 at 0.1504740

Smart Scan Analysis for NOKAUD

Based on our trend formula, NOKAUD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for NOKAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1509380 0.1526930 0.1506710 0.1521375 +0.0012000
Prev. Close Volume Bid Ask Time
0.1509380 2021-03-05 17:00:42
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