Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, November 28, 2020.

Norwegian Krone/Australian Dollar (FOREX:NOKAUD)

Bull Market Weakness (+75) - NOKAUD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NOKAUD as it may be in the beginning stages of a reversal.

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.

FOREX_NOKAUD
Open High Low NOKAUD Price Change
0.1529370 0.1534570 0.1528665 0.1531625 +0.0002260
Entry Signal

MarketClub’s Trade Triangles for NOKAUD

long term down The long-term trend has been DOWN since Sep 21st, 2020 at 0.1495730

intermediate term up The intermediate-term trend has been UP since Nov 24th, 2020 at 0.1530975

short term up The short-term trend has been UP since Nov 25th, 2020 at 0.1531210

Smart Scan Analysis for NOKAUD

Based on our trend formula, NOKAUD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for NOKAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1529370 0.1534570 0.1528665 0.1531625 +0.0002260
Prev. Close Volume Bid Ask Time
0.1529370 2020-11-27 16:59:41
Get a free daily analysis and signals for Norwegian Krone/Australian Dollar (NOKAUD) - Request Your Free Report.