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Forex Trend Analysis Report

Prepared for you on Wednesday, February 21, 2018.

Hong Kong Dollar/Norwegian Krone (FOREX:HKDNOK)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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_HKDNOK
Open High Low HKDNOK Price Change
100.3505 100.5050 100.0635 100.3130 -0.0375
Entry Signal

MarketClub’s Trade Triangles for HKDNOK

long term down The long term trend has been DOWN since Jan 15th, 2018 at 100.6255

intermediate term up The intermediate term trend has been UP since Feb 8th, 2018 at 101.3885

short term up The short term trend has been UP since Feb 20th, 2018 at 99.7890

Smart Scan Analysis for HKDNOK

Based on a pre-defined weighted trend formula for chart analysis, HKDNOK scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for HKDNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
100.3505 100.5050 100.0635 100.3130 -0.0375
Prev. Close Volume Bid Ask Time
100.3505 100.2940 100.3320 2018-02-21 13:54:08
Want to analyze Hong Kong Dollar/Norwegian Krone HKDNOK or another symbol? Try our Free Forex Trend Analysis Report.