Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, January 21, 2018.

Swiss Franc/Norwegian Krone (FOREX:CHFNOK)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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.

FOREX_CHFNOK
Open High Low CHFNOK Price Change
8.13533 8.13533 8.13533 8.13533 0.00000
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 down The intermediate term trend has been DOWN since Jan 10th, 2018 at 8.229685

short term down The short term trend has been DOWN since Jan 2nd, 2018 at 8.378800

Smart Scan Analysis for CHFNOK

Based on a pre-defined weighted trend formula for chart analysis, CHFNOK scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for CHFNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.13533 8.13533 8.13533 8.13533 0.00000
Prev. Close Volume Bid Ask Time
8.13533 8.10725 8.16341 2018-01-21 02:17:50
Want to analyze Swiss Franc/Norwegian Krone CHFNOK or another symbol? Try our Free Forex Trend Analysis Report.