Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, August 16, 2018.

Hong Kong Dollar/Norwegian Krone (FOREX:HKDNOK)

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_HKDNOK
Open High Low HKDNOK Price Change
107.4315 108.3290 107.1285 108.0025 +0.5710
Entry Signal

MarketClub’s Trade Triangles for HKDNOK

long term up The long term trend has been UP since May 1st, 2018 at 102.8345

intermediate term up The intermediate term trend has been UP since Jul 19th, 2018 at 104.6630

short term up The short term trend has been UP since Aug 9th, 2018 at 105.3255

Smart Scan Analysis for HKDNOK

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

+90
Smart Scan Analysis for HKDNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
107.4315 108.3290 107.1285 108.0025 +0.5710
Prev. Close Volume Bid Ask Time
107.4315 107.9830 108.0220 2018-08-16 18:09:15
Want to analyze Hong Kong Dollar/Norwegian Krone HKDNOK or another symbol? Try our Free Forex Trend Analysis Report.