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Future Trend Analysis Report

Prepared for you on Saturday, December 16, 2017.

NORWEGIAN KRONE Dec 2017 (E) (CME:NOK.Z17.E)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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.

CME_NOK.Z17.E
Open High Low NOK.Z17.E Price Change
0.12049 0.12073 0.12006 0.11921 -0.00149
Entry Signal

MarketClub’s Trade Triangles for NOK.Z17.E

long term down The long term trend has been DOWN since Nov 15th, 2017 at 0.12164

intermediate term down The intermediate term trend has been DOWN since Sep 13th, 2017 at 0.12665

short term up The short term trend has been UP since Dec 14th, 2017 at 0.12027

Smart Scan Analysis for NOK.Z17.E

Based on a pre-defined weighted trend formula for chart analysis, NOK.Z17.E scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for NOK.Z17.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.12049 0.12073 0.12006 0.11921 -0.00149
Prev. Close Volume Bid Ask Time
0.11966 16 2017-12-15 15:12:48
Contract High0.12889Contract High Date2017-09-22
Contract Low0.11925Contract Low Date2017-12-11
Estimated Volume248First Delivery2017-12-20
Expiration2017-12-18Open Time18:00
Close Time17:00
Want to analyze NORWEGIAN KRONE Dec 2017 (E) NOK.Z17.E or another symbol? Try our Free Future Trend Analysis Report.