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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.

FOREX_AUDNOK
Open High Low AUDNOK Price Change
6.3747585 6.4345064 6.3681346 6.3681346 -0.0066240
Entry Signal

MarketClub’s Trade Triangles for AUDNOK

long term up The long-term trend has been UP since Dec 1st, 2021 at 6.5096000

intermediate term up The intermediate-term trend has been UP since Oct 27th, 2021 at 6.3226886

short term down 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).

+55
Smart Scan Analysis for AUDNOK
Strong Downtrend Sideways 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
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