Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, September 25, 2018.

Norwegian Krone/Canadian Dollar (FOREX:NOKCAD)

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_NOKCAD
Open High Low NOKCAD Price Change
0.159125 0.159745 0.159045 0.159365 +0.000240
Entry Signal

MarketClub’s Trade Triangles for NOKCAD

long term down The long term trend has been DOWN since May 29th, 2018 at 0.156715

intermediate term up The intermediate term trend has been UP since Sep 10th, 2018 at 0.157240

short term up The short term trend has been UP since Sep 24th, 2018 at 0.158845

Smart Scan Analysis for NOKCAD

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

+60
Smart Scan Analysis for NOKCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.159125 0.159745 0.159045 0.159365 +0.000240
Prev. Close Volume Bid Ask Time
0.159125 0.159330 0.159400 2018-09-25 14:35:12
Want to analyze Norwegian Krone/Canadian Dollar NOKCAD or another symbol? Try our Free Forex Trend Analysis Report.