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Forex Trend Analysis Report

Prepared for you on Monday, April 22, 2024.

Norwegian Krone/Australian Dollar (FOREX:NOKAUD)

Strong Downtrend (-100) - NOKAUD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NOKAUD continues to fall. Traders should use caution and set stops.

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
0.1411030 0.1412915 0.1407350 0.1409655 -0.0001380
Entry Signal

MarketClub’s Trade Triangles for NOKAUD

long term down The long-term trend has been DOWN since Apr 1st, 2024 at 0.1409005

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 Apr 17th, 2024 at 0.1411055

Smart Scan Analysis for NOKAUD

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

-100
Smart Scan Analysis for NOKAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1411030 0.1412915 0.1407350 0.1409655 -0.0001380
Prev. Close Volume Bid Ask Time
0.1411030 2024-04-22 09:48:52
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