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Forex Trend Analysis Report

Prepared for you on Thursday, February 20, 2020.

Norwegian Krone/Australian Dollar (FOREX:NOKAUD)

Bull Market Weakness (+75) - NOKAUD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NOKAUD as it may be in the beginning stages of a reversal.

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
0.1617630 0.1621495 0.1616180 0.1620155 +0.0002530
Entry Signal

MarketClub’s Trade Triangles for NOKAUD

long term up The long-term trend has been UP since Jan 6th, 2020 at 0.164000

intermediate term down The intermediate-term trend has been DOWN since Jan 23rd, 2020 at 0.161783

short term up The short-term trend has been UP since Feb 19th, 2020 at 0.161224

Smart Scan Analysis for NOKAUD

Based on our trend formula, NOKAUD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for NOKAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1617630 0.1621495 0.1616180 0.1620155 +0.0002530
Prev. Close Volume Bid Ask Time
0.1617630 0.1619850 0.1620460 2020-02-20 04:42:54
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