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Forex Trend Analysis Report

Prepared for you on Wednesday, August 15, 2018.

Norwegian Krone/Australian Dollar (FOREX:NOKAUD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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.

FOREX_NOKAUD
Open High Low NOKAUD Price Change
0.164530 0.164530 0.163045 0.163165 -0.001365
Entry Signal

MarketClub’s Trade Triangles for NOKAUD

long term up The long term trend has been UP since Feb 1st, 2018 at 0.162035

intermediate term down The intermediate term trend has been DOWN since Jul 18th, 2018 at 0.165210

short term down The short term trend has been DOWN since Aug 15th, 2018 at 0.163190

Smart Scan Analysis for NOKAUD

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

-70
Smart Scan Analysis for NOKAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.164530 0.164530 0.163045 0.163165 -0.001365
Prev. Close Volume Bid Ask Time
0.164530 0.163130 0.163200 2018-08-15 14:23:59
Want to analyze Norwegian Krone/Australian Dollar NOKAUD or another symbol? Try our Free Forex Trend Analysis Report.