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Forex Trend Analysis Report

Prepared for you on Saturday, September 23, 2017.

Egyptian Pound/Norwegian Krone (FOREX:EGPNOK)

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_EGPNOK
Open High Low EGPNOK Price Change
0.44085 0.44150 0.43995 0.44145 +0.00060
Entry Signal

MarketClub’s Trade Triangles for EGPNOK

long term down The long term trend has been DOWN since Jul 13th, 2017 at 0.45955

intermediate term up The intermediate term trend has been UP since Sep 13th, 2017 at 0.44690

short term down The short term trend has been DOWN since Sep 15th, 2017 at 0.44360

Smart Scan Analysis for EGPNOK

Based on a pre-defined weighted trend formula for chart analysis, EGPNOK scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for EGPNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.44085 0.44150 0.43995 0.44145 +0.00060
Prev. Close Volume Bid Ask Time
0.44085 0.44000 0.44290 2017-09-22 14:23:37
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