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.
MarketClub’s Trade Triangles for NOKAUD
The long-term trend has been UP since Aug 27th, 2021 at 0.1566570
The intermediate-term trend has been DOWN since Oct 27th, 2021 at 0.1583125
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).