Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, December 10, 2018.

Norwegian Krone/Australian Dollar (FOREX:NOKAUD)

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_NOKAUD
Open High Low NOKAUD Price Change
0.163350 0.163965 0.162875 0.163090 -0.000260
Entry Signal

MarketClub’s Trade Triangles for NOKAUD

long term down The long term trend has been DOWN since Nov 23rd, 2018 at 0.161095

intermediate term up The intermediate term trend has been UP since Dec 9th, 2018 at 0.163730

short term up The short term trend has been UP since Dec 4th, 2018 at 0.160230

Smart Scan Analysis for NOKAUD

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

+60
Smart Scan Analysis for NOKAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.163350 0.163965 0.162875 0.163090 -0.000260
Prev. Close Volume Bid Ask Time
0.163350 0.163060 0.163120 2018-12-10 12:07:54
Want to analyze Norwegian Krone/Australian Dollar NOKAUD or another symbol? Try our Free Forex Trend Analysis Report.