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Forex Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
Australian Dollar/Norwegian Krone (FOREX:AUDNOK)
Weak Downtrend (-65) - AUDNOK is showing signs of a strengthening downtrend. Monitor AUDNOK as it may be building momentum to the downside.
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.
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MarketClub’s Trade Triangles for AUDNOK
The long-term trend has been DOWN since Feb 1st, 2024 at 6.843600
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 7.019300
The short-term trend has been DOWN since Apr 23rd, 2024 at 7.062347
Smart Scan Analysis for AUDNOK
Based on our trend formula, AUDNOK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.093350 | 7.115705 | 7.050800 | 7.099040 | +0.005690 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.093350 | 2024-04-23 22:48:31 |