Future Trend Analysis Report
Prepared for you on Monday, September 24, 2018.
NORWEGIAN KRONE/SWEDISH KRONA Sep 2018 (E) (NYBOT:NJ.U18.E)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for NJ.U18.E
The long term trend has been UP since Feb 20th, 2018 at 1.02100
The intermediate term trend has been DOWN since Sep 5th, 2018 at 1.08105
The short term trend has been UP since Sep 11th, 2018 at 1.08150
Smart Scan Analysis for NJ.U18.E
Based on a pre-defined weighted trend formula for chart analysis, NJ.U18.E scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||1.0956||Contract High Date||2018-09-14|
|Contract Low||1.0744||Contract Low Date||2018-09-10|
|Open Time||20:00||Close Time||17:00|