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Forex Trend Analysis Report

Prepared for you on Sunday, September 23, 2018.

Euro/Norwegian Krone (FOREX:EURNOK)

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.

FOREX_EURNOK
Open High Low EURNOK Price Change
9.577600 9.583680 9.563965 9.566620 -0.010980
Entry Signal

MarketClub’s Trade Triangles for EURNOK

long term up The long term trend has been UP since Aug 21st, 2018 at 9.721310

intermediate term down The intermediate term trend has been DOWN since Sep 12th, 2018 at 9.632430

short term down The short term trend has been DOWN since Sep 20th, 2018 at 9.511395

Smart Scan Analysis for EURNOK

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

-60
Smart Scan Analysis for EURNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.577600 9.583680 9.563965 9.566620 -0.010980
Prev. Close Volume Bid Ask Time
9.577600 9.564210 9.569030 2018-09-23 23:19:41
Want to analyze Euro/Norwegian Krone EURNOK or another symbol? Try our Free Forex Trend Analysis Report.