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Forex Trend Analysis Report

Prepared for you on Tuesday, December 11, 2018.

/Norwegian Krone (FOREX:GHSNOK)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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_GHSNOK
Open High Low GHSNOK Price Change
1.72050 1.72665 1.71200 1.72640 +0.00590
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 Dec 3rd, 2018 at 1.71835

short term down The short term trend has been DOWN since Dec 7th, 2018 at 1.71035

Smart Scan Analysis for GHSNOK

Based on a pre-defined weighted trend formula for chart analysis, GHSNOK scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for GHSNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.72050 1.72665 1.71200 1.72640 +0.00590
Prev. Close Volume Bid Ask Time
1.72050 1.72440 1.72840 2018-12-11 13:05:59
Want to analyze /Norwegian Krone GHSNOK or another symbol? Try our Free Forex Trend Analysis Report.