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Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
Norwegian Krone/Australian Dollar (FOREX:NOKAUD)
Sidelines Mode (-55) - NOKAUD 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 NOKAUD?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOKAUD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for NOKAUD
The long-term trend has been DOWN since Apr 1st, 2024 at 0.1409005
The intermediate-term trend has been DOWN since Aug 30th, 2024 at 0.1391335
The short-term trend has been UP since Oct 21st, 2024 at 0.1371755
Smart Scan Analysis for NOKAUD
Based on our trend formula, NOKAUD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.1379380 | 0.1381130 | 0.1377370 | 0.1379975 | +0.0000590 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.1379380 | 2024-10-25 17:05:32 |