Forex Trend Analysis Report
Prepared for you on Saturday, November 18, 2017.
Egyptian Pound/Norwegian Krone (FOREX:EGPNOK)
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.
MarketClub’s Trade Triangles for EGPNOK
The long term trend has been UP since Nov 14th, 2017 at 0.46585
The intermediate term trend has been UP since Sep 13th, 2017 at 0.44690
The short term trend has been UP since Nov 14th, 2017 at 0.46395
Smart Scan Analysis for EGPNOK
Based on a pre-defined weighted trend formula for chart analysis, EGPNOK scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).