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Forex Trend Analysis Report

Prepared for you on Saturday, June 23, 2018.

Egyptian Pound/Norwegian Krone (FOREX:EGPNOK)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.

Open High Low EGPNOK Price Change
0.4525 0.4544 0.4516 0.4534 +0.0009
Entry Signal

MarketClub’s Trade Triangles for EGPNOK

long term up The long term trend has been UP since May 1st, 2018 at 0.45470

intermediate term down The intermediate term trend has been DOWN since Jun 14th, 2018 at 0.44750

short term down The short term trend has been DOWN since Jun 21st, 2018 at 0.45505

Smart Scan Analysis for EGPNOK

Based on a pre-defined weighted trend formula for chart analysis, EGPNOK scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for EGPNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.4525 0.4544 0.4516 0.4534 +0.0009
Prev. Close Volume Bid Ask Time
0.4525 0.4525 0.4543 2018-06-22 14:04:38
Want to analyze Egyptian Pound/Norwegian Krone EGPNOK or another symbol? Try our Free Forex Trend Analysis Report.