Future Trend Analysis Report
Prepared for you on Tuesday, July 17, 2018.
NORWEGIAN KRONE Sep 2018 (E) (CME:NOK.U18.E)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 NOK.U18.E
The long term trend has been DOWN since May 1st, 2018 at 0.12547
The intermediate term trend has been UP since Jun 12th, 2018 at 0.12495
The short term trend has been DOWN since Jul 11th, 2018 at 0.12451
Smart Scan Analysis for NOK.U18.E
Based on a pre-defined weighted trend formula for chart analysis, NOK.U18.E scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||0.12548||Contract High Date||2018-06-13|
|Contract Low||0.12132||Contract Low Date||2018-05-29|
|Estimated Volume||190||First Delivery||2018-09-19|