Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, August 22, 2018.

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
6.45070 6.45315 6.43890 6.44335 -0.00735
Entry Signal

MarketClub’s Trade Triangles for CADNOK

long term up The long term trend has been UP since May 29th, 2018 at 6.38130

intermediate term up The intermediate term trend has been UP since Jul 19th, 2018 at 6.22170

short term up The short term trend has been UP since Aug 9th, 2018 at 6.35515

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
6.45070 6.45315 6.43890 6.44335 -0.00735
Prev. Close Volume Bid Ask Time
6.45070 6.44220 6.44450 2018-08-22 03:19:42
Want to analyze Canadian Dollar/Norwegian Krone CADNOK or another symbol? Try our Free Forex Trend Analysis Report.