Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, May 6, 2021.

United Arab Emirates Dirham/Norwegian Krone (FOREX:AEDNOK)

Weak Downtrend (-65) - AEDNOK is showing signs of a strengthening downtrend. Monitor AEDNOK as it may be building momentum to the downside.

Is it time to buy, sell, or avoid AEDNOK?

MarketClub looks at technical strength and momentum to determine if the timing is right for AEDNOK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_AEDNOK
Open High Low AEDNOK Price Change
2.2747405 2.2747405 2.2747405 2.2747405 0.0000000
Entry Signal

MarketClub’s Trade Triangles for AEDNOK

long term down The long-term trend has been DOWN since Dec 16th, 2020 at 2.3616621

intermediate term down The intermediate-term trend has been DOWN since Apr 14th, 2021 at 2.3005948

short term down The short-term trend has been DOWN since Apr 14th, 2021 at 2.3032779

Smart Scan Analysis for AEDNOK

Based on our trend formula, AEDNOK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for AEDNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.2747405 2.2747405 2.2747405 2.2747405 0.0000000
Prev. Close Volume Bid Ask Time
2.2747405 2021-05-06 00:54:11
Get a free daily analysis and signals for United Arab Emirates Dirham/Norwegian Krone (AEDNOK) - Request Your Free Report.