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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Norwegian Krone/Australian Dollar (FOREX:NOKAUD)
Countertrend Up (+85) - NOKAUD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Dec 4th, 2024 at 0.1406915
The intermediate-term trend has been UP since Nov 15th, 2024 at 0.1394485
The short-term trend has been DOWN since Dec 19th, 2024 at 0.1403140
Smart Scan Analysis for NOKAUD
Based on our trend formula, NOKAUD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.1411905 | 0.1412815 | 0.1407040 | 0.1410970 | -0.0000930 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.1411905 | 2024-12-26 05:44:48 |