Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Saturday, December 4, 2021.
Australian Dollar/Norwegian Krone (FOREX:AUDNOK)
Sidelines Mode (+55) - AUDNOK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 Dec 1st, 2021 at 6.5096000
The intermediate-term trend has been UP since Oct 27th, 2021 at 6.3226886
The short-term trend has been DOWN since Dec 3rd, 2021 at 6.4271000
Smart Scan Analysis for AUDNOK
Based on our trend formula, AUDNOK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.3747585 | 6.4345064 | 6.3681346 | 6.3681346 | -0.0066240 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.3747585 | 2021-12-04 05:18:40 |