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Forex Trend Analysis Report

Prepared for you on Saturday, November 18, 2017.

Swiss Franc/Norwegian Krone (FOREX:CHFNOK)

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_CHFNOK
Open High Low CHFNOK Price Change
8.331356 8.331356 8.331356 8.331356 0.000000
Entry Signal

MarketClub’s Trade Triangles for CHFNOK

long term up The long term trend has been UP since Nov 15th, 2017 at 8.338215

intermediate term up The intermediate term trend has been UP since Oct 31st, 2017 at 8.214150

short term up The short term trend has been UP since Nov 13th, 2017 at 8.206150

Smart Scan Analysis for CHFNOK

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

+90
Smart Scan Analysis for CHFNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.331356 8.331356 8.331356 8.331356 0.000000
Prev. Close Volume Bid Ask Time
8.331356 8.306021 8.356690 2017-11-18 12:56:36
Want to analyze Swiss Franc/Norwegian Krone CHFNOK or another symbol? Try our Free Forex Trend Analysis Report.