Forex Trend Analysis Report
Prepared for you on Tuesday, June 6, 2023.
Australian Dollar/Norwegian Krone (FOREX:AUDNOK)
Strong Uptrend (+100) - AUDNOK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, AUDNOK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid AUDNOK?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDNOK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AUDNOK
The long-term trend has been UP since May 18th, 2023 at 7.23700
The intermediate-term trend has been UP since Apr 18th, 2023 at 7.06095
The short-term trend has been UP since Jun 5th, 2023 at 7.31180
Smart Scan Analysis for AUDNOK
Based on our trend formula, AUDNOK is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).