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Forex Trend Analysis Report

Prepared for you on Saturday, December 15, 2018.

South Korean Won/Norwegian Krone (FOREX:KRWNOK)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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.

Open High Low KRWNOK Price Change
0.00760 0.00760 0.00750 0.00755 -0.00005
Entry Signal

MarketClub’s Trade Triangles for KRWNOK

long term up The long term trend has been UP since Nov 21st, 2018 at 0.00755

intermediate term up The intermediate term trend has been UP since Oct 30th, 2018 at 0.00735

short term down The short term trend has been DOWN since Dec 10th, 2018 at 0.00760

Smart Scan Analysis for KRWNOK

Based on a pre-defined weighted trend formula for chart analysis, KRWNOK scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for KRWNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00760 0.00760 0.00750 0.00755 -0.00005
Prev. Close Volume Bid Ask Time
0.00760 0.00750 0.00760 2018-12-11 09:09:56
Want to analyze South Korean Won/Norwegian Krone KRWNOK or another symbol? Try our Free Forex Trend Analysis Report.