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Forex Trend Analysis Report

Prepared for you on Saturday, February 23, 2019.

Australian Dollar/Norwegian Krone (FOREX:AUDNOK)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

Open High Low AUDNOK Price Change
6.14420 6.14960 6.13595 6.14960 +0.00540
Entry Signal

MarketClub’s Trade Triangles for AUDNOK

long term up The long term trend has been UP since Nov 23rd, 2018 at 6.20840

intermediate term up The intermediate term trend has been UP since Feb 11th, 2019 at 6.14975

short term down The short term trend has been DOWN since Feb 21st, 2019 at 6.12595

Smart Scan Analysis for AUDNOK

Based on a pre-defined weighted trend formula for chart analysis, AUDNOK scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for AUDNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.14420 6.14960 6.13595 6.14960 +0.00540
Prev. Close Volume Bid Ask Time
6.14420 6.13450 6.16470 2019-02-23 07:41:30
Want to analyze Australian Dollar/Norwegian Krone AUDNOK or another symbol? Try our Free Forex Trend Analysis Report.