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Forex Trend Analysis Report

Prepared for you on Saturday, December 15, 2018.

Japanese Yen/Norwegian Krone (FOREX:JPYNOK)

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_JPYNOK
Open High Low JPYNOK Price Change
0.075475 0.076163 0.075463 0.075942 +0.000467
Entry Signal

MarketClub’s Trade Triangles for JPYNOK

long term down The long term trend has been DOWN since Sep 25th, 2018 at 0.071909

intermediate term up The intermediate term trend has been UP since Oct 18th, 2018 at 0.073600

short term up The short term trend has been UP since Dec 12th, 2018 at 0.075779

Smart Scan Analysis for JPYNOK

Based on a pre-defined weighted trend formula for chart analysis, JPYNOK scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for JPYNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.075475 0.076163 0.075463 0.075942 +0.000467
Prev. Close Volume Bid Ask Time
0.075475 0.075742 0.076142 2018-12-14 18:07:58
Want to analyze Japanese Yen/Norwegian Krone JPYNOK or another symbol? Try our Free Forex Trend Analysis Report.