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Forex Trend Analysis Report

Prepared for you on Thursday, July 19, 2018.

/Norwegian Krone (FOREX:GHSNOK)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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_GHSNOK
Open High Low GHSNOK Price Change
1.70915 1.72025 1.70915 1.71785 +0.00870
Entry Signal

MarketClub’s Trade Triangles for GHSNOK

long term down The long term trend has been DOWN since Jun 4th, 2018 at 1.72285

intermediate term down The intermediate term trend has been DOWN since May 21st, 2018 at 1.75500

short term up The short term trend has been UP since Jul 19th, 2018 at 1.70795

Smart Scan Analysis for GHSNOK

Based on a pre-defined weighted trend formula for chart analysis, GHSNOK scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for GHSNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.70915 1.72025 1.70915 1.71785 +0.00870
Prev. Close Volume Bid Ask Time
1.70915 1.71580 1.71990 2018-07-19 07:51:21
Want to analyze /Norwegian Krone GHSNOK or another symbol? Try our Free Forex Trend Analysis Report.