Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, January 23, 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
0.158475 0.159120 0.158195 0.158715 +0.000240
Entry Signal

MarketClub’s Trade Triangles for NOKCAD

long term down The long term trend has been DOWN since Jul 5th, 2017 at 0.154125

intermediate term up The intermediate term trend has been UP since Jan 10th, 2018 at 0.155295

short term up The short term trend has been UP since Jan 10th, 2018 at 0.154320

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
0.158475 0.159120 0.158195 0.158715 +0.000240
Prev. Close Volume Bid Ask Time
0.158475 0.158600 0.158830 2018-01-23 18:43:54
Want to analyze Norwegian Krone/Canadian Dollar NOKCAD or another symbol? Try our Free Forex Trend Analysis Report.