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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 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.
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MarketClub’s Trade Triangles for NOKAUD
The long-term trend has been DOWN since Apr 1st, 2024 at 0.1409005
The intermediate-term trend has been UP since Nov 15th, 2024 at 0.1394485
The short-term trend has been UP since Nov 8th, 2024 at 0.1382980
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.1394480 | 0.1395020 | 0.1393170 | 0.1393525 | -0.0000950 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.1394480 | 2024-11-20 03:30:56 |