Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Norwegian Krone/Australian Dollar (FOREX:NOKAUD)

Crossroads (-60) - NOKAUD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.1418670 0.1428660 0.1412405 0.1415330 -0.0003340
Entry Signal

MarketClub’s Trade Triangles for NOKAUD

long term up The long-term trend has been UP since Feb 1st, 2024 at 0.1460085

intermediate term down The intermediate-term trend has been DOWN since Feb 5th, 2024 at 0.1441945

short term down The short-term trend has been DOWN since Mar 6th, 2024 at 0.1450425

Smart Scan Analysis for NOKAUD

Based on our trend formula, NOKAUD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for NOKAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1418670 0.1428660 0.1412405 0.1415330 -0.0003340
Prev. Close Volume Bid Ask Time
0.1418670 2024-03-28 18:06:03
Get a free daily analysis and signals for Norwegian Krone/Australian Dollar (NOKAUD) - Request Your Free Report.