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Forex Trend Analysis Report

Prepared for you on Thursday, July 19, 2018.

Euro/Norwegian Krone (FOREX:EURNOK)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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
9.517580 9.582440 9.516445 9.560700 +0.043120
Entry Signal

MarketClub’s Trade Triangles for EURNOK

long term down The long term trend has been DOWN since Mar 15th, 2018 at 9.526340

intermediate term up The intermediate term trend has been UP since Jul 18th, 2018 at 9.535815

short term up The short term trend has been UP since Jul 11th, 2018 at 9.447300

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
9.517580 9.582440 9.516445 9.560700 +0.043120
Prev. Close Volume Bid Ask Time
9.517580 9.558200 9.563200 2018-07-19 09:30:34
Want to analyze Euro/Norwegian Krone EURNOK or another symbol? Try our Free Forex Trend Analysis Report.