Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, October 28, 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
0.1579155 0.1593465 0.1577045 0.1591150 +0.0012000
Entry Signal

MarketClub’s Trade Triangles for NOKAUD

long term up The long-term trend has been UP since Aug 27th, 2021 at 0.1566570

intermediate term down The intermediate-term trend has been DOWN since Oct 27th, 2021 at 0.1583125

short term down The short-term trend has been DOWN since Oct 20th, 2021 at 0.1594100

Smart Scan Analysis for NOKAUD

Based on our trend formula, NOKAUD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for NOKAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1579155 0.1593465 0.1577045 0.1591150 +0.0012000
Prev. Close Volume Bid Ask Time
0.1579155 2021-10-28 17:50:21
Get a free daily analysis and signals for Norwegian Krone/Australian Dollar (NOKAUD) - Request Your Free Report.