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Forex Trend Analysis Report

Prepared for you on Friday, November 17, 2017.

Canadian Dollar/Norwegian Krone (FOREX:CADNOK)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

FOREX_CADNOK
Open High Low CADNOK Price Change
6.43560 6.46970 6.41605 6.44905 +0.01345
Entry Signal

MarketClub’s Trade Triangles for CADNOK

long term up The long term trend has been UP since Jul 5th, 2017 at 6.48965

intermediate term up The intermediate term trend has been UP since Nov 3rd, 2017 at 6.39970

short term up The short term trend has been UP since Nov 3rd, 2017 at 6.37440

Smart Scan Analysis for CADNOK

Based on a pre-defined weighted trend formula for chart analysis, CADNOK scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for CADNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.43560 6.46970 6.41605 6.44905 +0.01345
Prev. Close Volume Bid Ask Time
6.43560 6.44700 6.45110 2017-11-17 18:18:23
Want to analyze Canadian Dollar/Norwegian Krone CADNOK or another symbol? Try our Free Forex Trend Analysis Report.