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Forex Trend Analysis Report

Prepared for you on Saturday, June 24, 2017.

Norwegian Krone/Australian Dollar (FOREX:NOKAUD)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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_NOKAUD
Open High Low NOKAUD Price Change
0.156020 0.156580 0.155720 0.156445 +0.000425
Entry Signal

MarketClub’s Trade Triangles for NOKAUD

long term up The long term trend has been UP since May 17th, 2017 at 0.160475

intermediate term down The intermediate term trend has been DOWN since Jun 6th, 2017 at 0.157485

short term up The short term trend has been UP since Jun 22nd, 2017 at 0.155900

Smart Scan Analysis for NOKAUD

Based on a pre-defined weighted trend formula for chart analysis, NOKAUD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for NOKAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.156020 0.156580 0.155720 0.156445 +0.000425
Prev. Close Volume Bid Ask Time
0.156020 0.156400 0.156490 2017-06-23 18:40:51
Want to analyze Norwegian Krone/Australian Dollar NOKAUD or another symbol? Try our Free Forex Trend Analysis Report.