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Forex Trend Analysis Report

Prepared for you on Friday, September 20, 2019.

Australian Dollar/Norwegian Krone (FOREX:AUDNOK)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight 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.

FOREX_AUDNOK
Open High Low AUDNOK Price Change
6.09250 6.12200 6.09055 6.10690 +0.01440
Entry Signal

MarketClub’s Trade Triangles for AUDNOK

long term up The long term trend has been UP since Aug 30th, 2019 at 6.1508

intermediate term up The intermediate term trend has been UP since Aug 15th, 2019 at 6.0965

short term down The short term trend has been DOWN since Sep 15th, 2019 at 6.1338

Smart Scan Analysis for AUDNOK

Based on a pre-defined weighted trend formula for chart analysis, AUDNOK scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for AUDNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.09250 6.12200 6.09055 6.10690 +0.01440
Prev. Close Volume Bid Ask Time
6.09250 6.10590 6.10790 2019-09-20 05:38:45
Want to analyze Australian Dollar/Norwegian Krone AUDNOK or another symbol? Try our Free Forex Trend Analysis Report.