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Forex Trend Analysis Report

Prepared for you on Tuesday, October 23, 2018.

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.

FOREX_EGPNOK
Open High Low EGPNOK Price Change
0.46225 0.46565 0.46065 0.46280 +0.00055
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 up The intermediate term trend has been UP since Oct 8th, 2018 at 0.46315

short term up The short term trend has been UP since Oct 17th, 2018 at 0.45765

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).

+90
Smart Scan Analysis for EGPNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.46225 0.46565 0.46065 0.46280 +0.00055
Prev. Close Volume Bid Ask Time
0.46225 0.46190 0.46370 2018-10-23 14:29:40
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