Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Tuesday, January 14, 2025.
Australian Dollar/Norwegian Krone (FOREX:AUDNOK)
Strong Downtrend (-100) - AUDNOK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, AUDNOK continues to fall. Traders should use caution and set stops.
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 DOWN since Aug 6th, 2024 at 6.944383
The intermediate-term trend has been DOWN since Oct 7th, 2024 at 7.118700
The short-term trend has been DOWN since Jan 6th, 2025 at 7.041800
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.066400 | 7.071000 | 7.032574 | 7.046200 | -0.020200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.066400 | 2025-01-14 17:27:17 |