Forex Trend Analysis Report
Prepared for you on Saturday, June 23, 2018.
Norwegian Krone/Swiss Franc (FOREX:NOKCHF)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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.
MarketClub’s Trade Triangles for NOKCHF
The long term trend has been UP since Mar 15th, 2018 at 12.270623
The intermediate term trend has been DOWN since May 18th, 2018 at 12.280000
The short term trend has been UP since Jun 22nd, 2018 at 12.253000
Smart Scan Analysis for NOKCHF
Based on a pre-defined weighted trend formula for chart analysis, NOKCHF scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).